JAPAN’S METAPLANET KICKS OFF $5.4B BITCOIN BUYING PLAN WITH $517M RAISE

- Metaplanet started its aggressive Bitcoin buying spree with a $517.8 million raise on day one of its “555 Million Plan.”

- The Japanese firm issued 54 million shares at ¥1,388 each, pulling in 74.9 billion yen to begin building one of Asia’s largest Bitcoin treasuries.

- The firm’s U.S.-based subsidiary, Metaplanet Treasury Corp, will now handle BTC purchases and treasury strategy, leveraging access to deeper capital pools in American markets.

- Of the $517M raised, 96% will go straight into Bitcoin. The rest is earmarked for bond redemptions and income-generating activities.

- The firm redeemed three bond series early, repaying $281 million in notes issued to EVO Fund — the same fund that exercised stock acquisition rights to fund the raise.

- If the plan is fully executed, Metaplanet could become one of the largest Bitcoin-holding companies globally.

- The firm already holds 11,111 BTC and ranks #8 among global public firms with Bitcoin reserves. Its YTD Bitcoin yield stands at 306.7%.

The “555 Million Plan” aims to grow holdings to:

- 30,000 BTC by end of 2025

- 100,000 BTC by end of 2026

- 210,000 BTC by end of 2027