Metaplanet Bitcoin Plan Boosts Shares
📰 Metaplanet Bitcoin plan to raise $5.4 billion for its treasury sent its Tokyo-listed shares soaring at the open on June 9, underlining growing institutional appetite for corporate crypto exposure.
📈 Metaplanet Bitcoin shares (3350 T) jumped over 12 % to 1,505 yen ($10.42) at market open, before peaking at 1,641 yen ($11.36)—a 22 % intraday surge—as investors reacted to the ambitious acquisition strategy.
💼 Metaplanet Bitcoin updated its stock acquisition rights program on June 6, boosting its target from 21,000 BTC to 210,000 BTC by end-2027—a tenfold increase designed to establish it as a leading corporate holder of the asset.
📊 Metaplanet Bitcoin currently holds 8,888 BTC following its latest acquisition of 1,088 BTC on June 2, and plans to accumulate 100,000 BTC by end-2026 as part of its so-called “555 million plan,” which envisages buying 201,112 BTC through 2027 at a total cost exceeding $21 billion.
🏦 Metaplanet Bitcoin’s funding will come via what the company describes as Japan’s largest stock-warrant issuance, enabling it to raise roughly $5.4 billion in equity capital to underwrite its crypto-treasury expansion.
🥇 If Metaplanet Bitcoin successfully executes its strategy, it would become the second-largest public corporate Bitcoin holder—trailing only MicroStrategy (NASDAQ: MSTR)—shifting the balance of power among crypto-treasury companies.
🌐 The Metaplanet Bitcoin move reflects a broader corporate trend: public companies now hold over 3 million BTC worth $342 billion, accounting for roughly 3.2 % of the total supply, as firms seek to hedge inflation and embrace digital assets.
🔍 Recent entrants into corporate Bitcoin treasuries include South Korea’s K Wave Media on June 4, France’s Blockchain Group (whose shares jumped 225 % post-announcement), and Indonesia’s DigiAsia Corp, which saw a 91 % rally after unveiling its own $100 million BTC plan.
📉 Not all corporate Bitcoin plans have sparked rallies—Norwegian brokerage K33 saw its shares dip 1.96 % after announcing intent to buy BTC—but investor sentiment remains broadly favorable toward companies with long-term crypto strategies.
🚀 Metaplanet Bitcoin’s stock performance this week (up 24 % over five trading days) underscores investor confidence in bold, multi-year crypto-treasury strategies and may inspire further corporate bids to accumulate Bitcoin as part of treasury diversification.
