The board of directors of Japan-based investment company Metaplanet has decided to transfer up to $5 billion in capital to its U.S.-based subsidiary Metaplanet Treasury Corp.

Metaplanet Treasury Corp, which began operations in Florida on May 1, aims to expand the company's global Bitcoin (BTC) reserve operations. This substantial capital contribution is expected to significantly accelerate the implementation of the company's '555 million plan' announced on June 6.

Metaplanet's strategic goal is to reach a total of 210,000 BTC by the end of 2027 by leveraging the advanced corporate infrastructure and deep capital markets of the United States. This move is seen as part of the company's broader vision to create an integrated reserve model globally, enhance shareholder value, and optimize reserve return efficiency.

The $5 billion financing from Metaplanet will be secured through the exercise of the company's 20th to 22nd series share purchase options. All resources obtained will be directed towards Bitcoin purchases. The company emphasized that there is no change in the intended use of the funds.

In the statement made, it was expressed that the impact of this capital transfer on the company's current fiscal year results will remain minimal, but significant developments will be shared with the public promptly.

Metaplanet shares traded on the Tokyo stock exchange finished the day with a 7% loss following the announcement. After yesterday's purchase, the company now holds 11,111 BTC, making it the 8th largest Bitcoin reserve in the world on a corporate scale.