“Asian Micro” Metaplanet aims to acquire more than 210,000 BTC by the end of 2027
Metaplanet Inc., widely recognized as Japan’s leading Bitcoin finance company, has announced a major update to its Bitcoin accumulation strategy, unveiling a “555 million plan” aimed at over 210,000 BTC by the end of 2027, equivalent to 1% of the total Bitcoin supply.
This new goal marks a sharp increase in the company’s early “21 million Plan”, which aims to be just 21,000 BTC by 2026. Progress far exceeded expectations, and as of June 2, BTC had already won 8,888 BTC, prompting a strategic shift.
To fund this growth, Metaplanet has launched Asia’s largest Bitcoin-focused equity increase, aiming to secure 770.9 billion yen (about $5.4 billion) through the mobile strike order by issuing 555 million shares. This is the first structure of such kind in Japan, with a premium to market price, which is made possible by the company’s high stakes liquidity and volatility.
At the annual general meeting on March 24, shareholders approved the increase of authorized shares from 161 million shares to 1.61 billion, which will take effect on April 1, 2025. Metaplanet has about 296 million shares left. The 555 million shares issued under the new plan will bring the company’s full dilution to approximately 759 million shares.
Metaplanet’s 2025 Bitcoin production target and performance showed strong momentum, with quarterly BTC yield of 41.7%, in Q3 2024, 309.8% in Q4 2024, 95.6% in Q1 2025, 66.3% in Q2 2025, and 35% in Q3 and Q4 2025 b.4 2025.-d-date bt bt in C4 2025. 225.4%, closing the full-year target of 232%.
Metaplanet also announced that it could add 555 million new shares by issuing the 20th to the 22nd share acquisition rights to third parties of the EVO Fund. The initial workout price is set at JPY 1,388 and will be adjusted periodically based on the share price, with some series including premiums that protect shareholders. The exercise period is from June 24, 2025 to June 23, 2027, with an estimated revenue of approximately 767.4 billion. This financing supports the “555 million plan” and further Bitcoin accumulation.
“Thank you all our shareholders,” Metaplanet CEO Simon Gerovich wrote in an article on X. “We are honored to travel with you. Metaplanet is accelerating the future – powered by Bitcoin.”
