Japanese Bitcoin Treasury Firm Continues Aggressive Accumulation Strategy
Metaplanet, Japan’s leading corporate Bitcoin holder, has added another 1,009 BTC to its reserves, boosting its total stash to an impressive 20,000 BTC. At current prices, the holdings are valued at more than $2 billion. The company announced the latest acquisition on Monday, reinforcing its commitment to becoming a global leader in Bitcoin ownership.
Once a hospitality business operating under the name Red Planet Japan, Metaplanet has successfully rebranded into a high-profile Bitcoin treasury firm. This strategic pivot has helped it become the seventh-largest corporate holder of Bitcoin globally—a position that’s winning the attention of both retail and institutional investors.
Key Shareholder Vote and Capital Raise Could Supercharge Future Bitcoin Buys
A crucial shareholder meeting is scheduled for today, where investors will vote on a proposed capital-raising plan. If approved, the company could issue up to 550 million new shares overseas. This move aims to raise around 130 billion yen (approximately $884 million), with a significant portion earmarked for purchasing more Bitcoin.
Bloomberg also reported that Eric Trump is expected to attend the shareholder meeting, bringing additional visibility to the high-stakes vote.
The move is part of Metaplanet’s long-term strategy to establish itself as Japan’s top Bitcoin-focused corporation. The company was recently added to the FTSE Japan Index—a milestone that has further boosted investor confidence. Even after a modest 2.6% intraday dip, Metaplanet’s stock has surged nearly 146% year-to-date, reflecting growing enthusiasm around its crypto-centric vision.
Metaplanet’s bold Bitcoin strategy signals a new era for corporate treasuries in Asia, potentially setting a precedent for other firms looking to diversify into digital assets.
