Key Highlights:
- Metaplanet aims to raise 116 billion yen ($745.5 million) to expand its Bitcoin holdings to 10,000 BTC by the end of 2025.
- The Tokyo-listed firm calls this the largest capital raise in Asian equity markets aimed at purchasing Bitcoin.
In a move that could redefine Asia’s relationship with Bitcoin Paradisers, Japanese investment giant Metaplanet has announced plans to raise an eye-popping $745.5 million to fuel its BTC buying spree. This staggering sum equivalent to 116 billion yen marks what the firm claims is the largest capital raise in Asian equity markets history specifically for Bitcoin.
Why the Rush? Bitcoin Booms and Yen Wobbles
What’s driving this massive pivot? According to Metaplanet’s latest disclosure, it’s a mix of Bitcoin’s meteoric rise and Japan’s weakening yen. With Bitcoin climbing to new all-time highs in 2025 and the yen hitting nearly 160 against the US dollar, Metaplanet sees this as a golden moment to double down on its Bitcoin Standard strategy.
“Since adopting the Bitcoin Standard in April 2024, Metaplanet has experienced exponential growth,” said CEO Simon Gerovich. “Now is the time to seize momentum and establish ourselves as Tokyo’s leading Bitcoin company—and a global force.”
The capital will be raised via 21 million 0% discount stock warrants, allowing holders to buy shares at a set price before expiration. If all goes to plan, the company’s BTC holdings could soar from 1,761 BTC to 10,000 BTC by the end of 2025 and a jaw-dropping 21,000 BTC by 2026.
Metaplanet’s Bitcoin Journey: From 1,761 BTC to Global Leadership
Metaplanet already holds around 1,761 BTC, making it the 12th largest publicly traded Bitcoin holder globally. Its most recent purchase came in December when it bought 619.7 BTC for $60.6 million, funded through a bond issuance.
The announcement sent Metaplanet’s stock climbing 3.1% to 4,160 yen on Tuesday, bringing its year-to-date growth to over 16%. Bitcoin, meanwhile, rose 3.49% in the past 24 hours, trading at $102,794.
The Bigger Picture: Bitcoin as a Strategic Reserve
This ambitious move underscores a growing trend among institutions viewing Bitcoin as a hedge against currency devaluation and economic instability. Metaplanet’s aggressive strategy aligns with Japan’s rising interest in digital assets, particularly as the yen’s purchasing power continues to decline.
As Metaplanet positions itself as a global leader in Bitcoin investments, the question looms: Is this the start of an institutional gold rush in Asia’s crypto markets? If so, the stakes for Bitcoin’s role in global finance just got a whole lot higher.