Metaplanet, the Japanese funding agency present process a daring pivot towards Bitcoin, raised greater than $517m on the primary day of its sweeping “555 Million Plan,” signaling sturdy early momentum behind considered one of Asia’s largest crypto-focused capital raises.
In keeping with an organization submitting on Wednesday, the funding was secured via the issuance of 54m new shares after EVO Fund exercised a portion of its inventory acquisition rights.
Metaplanet goals to lift as a lot as $5.4b via its 555m Plan, with the objective of buying 210,000 Bitcoin by the tip of 2027, roughly 1% of the entire provide.
Metaplanet Raises $517.8M in First Tranche of 555 Million Bitcoin Plan
As a part of this effort, shares had been issued at ¥1,388 every, or about $9.59, producing round ¥74.9b, or $517.8m. The issuance accounts for about 10% of the entire 555m shares the corporate plans to launch.
10% of the 555 Million Plan executed on Day 1. ¥74.9B ($0.5B+) raised. https://t.co/53bjAT6Egm
— Simon Gerovich (@gerovich) June 25, 2025
This preliminary funding spherical follows Metaplanet’s latest board approval to commit as much as $5b to its US subsidiary. The unit, Metaplanet Treasury Corp, relies in Florida.
Going ahead, the American arm will handle Bitcoin acquisition and treasury operations. It’ll additionally faucet into deeper US capital markets and institutional infrastructure to assist the corporate’s international technique.
If Totally Executed, Plan Would Place Metaplanet Amongst Largest Bitcoin-Holding Companies
Metaplanet is following a technique just like that of US-based MicroStrategy, which has acquired over 1% of Bitcoin’s whole provide via fairness raises.
Now, Metaplanet goals to copy that method from the Asia-Pacific area. It hopes to place itself as a digital asset chief inside Japanese capital markets.
In keeping with the corporate, 96% of funds raised will go towards Bitcoin purchases. The remaining quantity shall be used for bond redemptions and yield-generating methods.
Following Monday’s issuance, Metaplanet’s whole excellent shares climbed to over 654m.
If totally executed, the 555m Plan might make Metaplanet one of many world’s largest company holders of Bitcoin. This might give the agency vital affect within the fast-growing digital asset economic system.
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