Metaplanet Raises $515M, Targets 100K BTC by 2026

Metaplanet issues 54M new shares after EVO Fund warrant exercise, setting sights on 100K BTC holdings by 2026.

  • Metaplanet raised $515M through warrant exercise.
  • Aims to hold 30,000 BTC by end of 2025.
  • Long-term goal set at 100,000 BTC by 2026.

Japan-listed Metaplanet has made a major move toward solidifying its position in the digital asset space. On the first day of a bold fundraising initiative, the company secured approximately $515 million. This came after principal shareholder EVO Fund exercised 540,000 Series-20 warrants, triggering the issuance of 54 million new shares.

This is part of a larger strategy that could see Metaplanet issuing up to 555 million new shares. The capital raised is expected to fuel its aggressive Bitcoin accumulation plan, which is among the most ambitious in the region.

Bold Bitcoin Accumulation Plans

Metaplanet is setting significant crypto milestones. The company’s short-term objective is to hold 30,000 BTC by the end of 2025. Looking further ahead, it aims to accumulate a staggering 100,000 BTC by 2026.

This kind of move signals Metaplanet’s deep commitment to Bitcoin as a core treasury asset. It echoes strategies by Western firms like MicroStrategy but is particularly notable coming from a major publicly traded Japanese firm.

Market Reactions and Long-Term Vision

The market is closely watching how Metaplanet’s strategy unfolds. By investing in Bitcoin at this scale, the company could significantly influence the Japanese institutional crypto landscape.

EVO Fund’s immediate exercise of warrants also demonstrates strong confidence in Metaplanet’s direction. Investors will likely monitor how the remaining share issuance unfolds and whether it successfully translates into Bitcoin acquisitions.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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