Cryptocurrency Company Metaplanet Contemplates Ambitious ¥5.55 Trillion Investment in Digital Currencies - Will This Plan Materialize?
In a bold move that could reshape Japan's cryptocurrency landscape and potentially redefine institutional investment in Bitcoin, Metaplanet Inc. has unveiled an ambitious capital restructuring plan. The proposed plan, if approved, would see Metaplanet issue up to ¥5.55 trillion ($35 billion USD) in preferred shares over a two-year period, starting August 2025.
The funds raised from this issuance are earmarked for a aggressive Bitcoin acquisition strategy, with a goal of acquiring 100,000 to 210,000 Bitcoins by 2026-2027. This move positions Metaplanet as a digital asset-first corporation, mirroring the approach of U.S. corporations like MicroStrategy.
Metaplanet's commitment to perpetual shares, especially convertible B-shares, indicates a long-term strategic belief in Bitcoin's price trajectory and role as a reserve asset. The company has already added 1,111 more Bitcoins to its holdings, bringing the total to 11,111 BTC. A recent purchase of 463 BTC on August 4, 2025, increased its holdings to over 17,500 BTC, valued around $1.78-$2 billion.
The path of the proposal remains uncertain due to regulatory hurdles and market conditions. Investors will be closely watching the September 1 shareholder meeting and any regulatory dialogue in the months ahead. It's worth noting that the proposed plan involves a partial amendment of Metaplanet's article of incorporation, signifying preparatory measures rather than a definite issuance.
If realized, Metaplanet's capital raise and BTC accumulation would dramatically increase institutional exposure to Bitcoin from Asia, particularly Japan. The move may signal rising interest in non-U.S. crypto treasury models, offering a possible case study for companies looking to balance fiat volatility with crypto reserves in compliance-heavy jurisdictions.
Metaplanet's Bitcoin holdings, if increased to 210,000 BTC, would make it one of the largest BTC holders in the world, second to MicroStrategy. The proposed capital restructuring plan, if successful, would set the tone for what could become one of the largest corporate BTC bets in Asia.
However, it's important to note that the actual issuance of the preferred shares requires further discussion with investors, regulatory approval, and a successful shareholder vote scheduled for September 1, 2025. Metaplanet has not initiated the preliminary consultation process with the Tokyo Stock Exchange for listing the proposed preferred shares.
Metaplanet currently has one of the fastest expanding portfolios of Bitcoins among publicly listed corporations in Asia. The company's extraordinary proposal sets the stage for a potential transformation, making it a major corporate Bitcoin buyer.
- Metaplanet's ambitious capital restructuring plan involves issuing up to ¥5.55 trillion in preferred shares, primarily for an aggressive Bitcoin acquisition strategy.
- Metaplanet aims to acquire between 100,000 and 210,000 Bitcoins by 2026-2027, positioning itself as a digital asset-first corporation.
- Metaplanet's commitment to Bitcoin is long-term, with a strategic belief in its price trajectory and role as a reserve asset, evidenced by their recent Bitcoin purchases and currently holding 11,111 BTC.
- The success of Metaplanet's capital raise and BTC accumulation could dramatically increase institutional exposure to Bitcoin from Asia, particularly Japan, and potentially serve as a case study for companies balancing fiat volatility with crypto reserves.
- If realized, Metaplanet would become one of the largest Bitcoin holders in the world, second only to MicroStrategy, setting the tone for one of the largest corporate BTC bets in Asia.
- The successful execution of Metaplanet's proposed capital restructuring plan requires further discussions with investors, regulatory approval, and a successful shareholder vote scheduled for September 1, 2025. The company has not initiated the preliminary consultation process with the Tokyo Stock Exchange for listing the proposed preferred shares.
