Metaplanet, a Japanese publicly traded company, is focusing on developing innovative financial tools to raise funds for Bitcoin acquisition, with the goal of consistently increasing the value of Bitcoin per share. Here's what we know about their strategy¹ ²:

- *Objective*: Metaplanet aims to accumulate 210,000 BTC by 2027, which is approximately 1% of the global Bitcoin supply.

- *Fundraising*: The company plans to raise $3.7 billion through the issuance of perpetual preferred shares to fund its Bitcoin acquisition strategy.

- *Share Classes*: The preferred shares will be issued in two classes:

- *Class A Shares*: Offering priority in dividend payments

- *Class B Shares*: Offering conversion options under specific conditions

- *Dividend*: The shares will offer up to a 6% annual dividend, depending on market conditions and investor demand.

- *Current Holdings*: Metaplanet currently holds 1,762 Bitcoin worth around $174.5 million, with a goal to reach 10,000 BTC by the end of 2025 and 210,000 BTC by 2027.

- *Strategy*: The company's approach mirrors similar moves by companies like MicroStrategy, which is also raising capital to expand its Bitcoin reserves, betting on Bitcoin's long-term appreciation and potential to reinforce corporate balance sheets.

Metaplanet's strategy is driven by its belief that Bitcoin serves as a reliable macro hedge and store of value, particularly in times of rising inflation, low fiat yields, and central bank rate volatility.³