Metaplanet (3350T) Stock: Japanese Firm Reveals $5.4B Bitcoin Buying Spree Through 2027

TLDR

Metaplanet stock jumped over 12% on June 9 after announcing plans to raise $5.4 billion for Bitcoin purchases The company increased its Bitcoin target from 21,000 to 210,000 BTC by end of 2027, requiring $21 billion in purchases If successful, Metaplanet would become the second-largest corporate Bitcoin holder behind MicroStrategy The firm currently owns 8,888 Bitcoin following its latest 1,088 BTC purchase on June 2 Metaplanet’s stock has surged over 1,744% since its first Bitcoin purchase in July 2024

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Metaplanet’s stock price got a serious boost on June 9, climbing over 12% to 1,505 yen ($10.42) after the Japanese investment company dropped news of its massive Bitcoin expansion plans. The stock hit peak levels of 1,641 yen ($11.36) during the session, marking a 22% jump from opening prices.

Source: Google Finance

The company announced its updated “555 million” plan on June 6, which dramatically increases its Bitcoin acquisition target. Previously, Metaplanet aimed to accumulate 21,000 Bitcoin by the end of 2026 under its “21 million” plan.

Now the firm wants to hold 210,000 Bitcoin by the end of 2027. That’s a tenfold increase from its original target.

To reach this goal, Metaplanet needs to purchase an additional 201,112 Bitcoin over the next few years. Based on current prices, this would cost over $21 billion in total purchases.

The company plans to raise approximately $5.4 billion through share offerings to fund these Bitcoin buys. Metaplanet currently holds 8,888 Bitcoin after completing its most recent purchase of 1,088 BTC on June 2.

Thrilled to announce Asia’s largest-ever equity raise to buy Bitcoin — again! 🚀 This time: $5.4 billion to accelerate our Bitcoin strategy. Our new target: 210,000 BTC by 2027.

Details here: https://t.co/ahL27o9QBg pic.twitter.com/njYybVq1uu

— Simon Gerovich (@gerovich) June 6, 2025

Corporate Bitcoin Rankings

If Metaplanet succeeds in reaching 210,000 Bitcoin, it would become the second-largest corporate holder of the cryptocurrency. MicroStrategy currently leads corporate Bitcoin holdings with its massive treasury position.

The company has set an intermediate target of holding 100,000 Bitcoin by 2026. This milestone would already place Metaplanet among the top corporate Bitcoin holders globally.

Corporate Bitcoin treasuries now collectively hold over 3 million Bitcoin worth more than $342 billion. That represents about 3.2% of all Bitcoin that will ever exist, according to recent data from Standard Chartered.

Stock Performance Since Bitcoin Strategy

Metaplanet first announced its Bitcoin purchase strategy on July 22, 2024. The stock immediately jumped 19% to 173 yen ($1.10) following that initial announcement.

Since implementing its Bitcoin strategy, Metaplanet’s stock has delivered remarkable returns. The share price has increased over 1,744% in the year following its first Bitcoin purchase.

The stock has gained over 340% year-to-date as investors respond positively to the company’s crypto accumulation strategy. However, shares did close down 1.6% in Friday’s trading session before Monday’s surge.

The five-day performance shows Metaplanet shares up 24% as news of the expanded Bitcoin plan spread through markets. Trading volume has increased as investors digest the company’s ambitious cryptocurrency goals.

Other companies have seen mixed results from announcing Bitcoin treasury strategies. Some firms experienced stock price surges, while others saw little market reaction to their crypto plans.

Metaplanet views Bitcoin as a hedge against Japan’s economic challenges and currency devaluation concerns. The company believes holding Bitcoin will protect shareholder value over the long term.

The firm’s current Bitcoin holdings are valued at nearly $1 billion based on recent prices. This represents a substantial portion of the company’s total market capitalization.

Metaplanet completed its latest Bitcoin purchase of 1,088 BTC on June 2, bringing total holdings to 8,888 Bitcoin.

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