Japan's version of MicroStrategy invests another $5.4 billion to increase Bitcoin holdings! Total holdings exceed 8,888 coins, aiming for a target of 30,000 coins by 2025.
Japan's Tokyo Stock Exchange-listed company Metaplanet is reshaping corporate value with its "Bitcoin reserve strategy," and its latest moves have caused market upheaval. According to the fundraising plan disclosed on June 7, the company is issuing 555 million new shares through a premium warrant, raising $5.4 billion to expand its Bitcoin holdings. This scale sets a record for a single fundraising event by an Asian listed company, highlighting its firm determination to benchmark against MicroStrategy.
As of June 2, Metaplanet has added 1,088 Bitcoins, bringing its total holdings to 8,888 Bitcoins, valued at approximately $950 million (based on the current market price of $107,000 per coin). This figure not only surpasses El Salvador's national reserve (about 2,300 coins) but also secures its position as the 11th largest Bitcoin holder among global listed companies. If the current accumulation speed continues, the company is expected to achieve its mid-term goal of "holding 30,000 coins by the end of 2025" six months ahead of schedule and move towards its ultimate vision of 210,000 coins (1% of the global total) by 2027.