Metaplanet Plans $3.7B Raise for Bitcoin Buys

Japanese investment firm Metaplanet is set to raise 555 billion yen ($3.7 billion) through a new stock offering to aggressively increase its Bitcoin holdings.

Metaplanet's Bitcoin Accumulation Strategy

Metaplanet, recognized as “Asia’s Strategy,” announced its plan to issue perpetual preferred shares. The goal is to acquire 210,000 Bitcoin (BTC) by the end of 2027. These shares will offer an annual dividend of up to 6%, contingent on market conditions and investor interest.

“The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’ which aims to acquire 210,000 BTC by the end of 2027,” it stated. “We believe that introducing Bitcoin-backed preferred shares represents a pioneering effort to fill this gap.”

Corporate Crypto Treasury Investments Surpass $100 Billion

Metaplanet’s stock offering follows reports that corporate crypto treasury firms have exceeded $100 billion in collective investments, with Bitcoin-focused treasuries accounting for $93 billion of this total.

Potential Impact on Bitcoin's Price

Continued corporate accumulation, combined with an increasing money supply, could drive Bitcoin’s price above $132,000 by the end of 2025, based on Bitcoin’s correlation with the global M2 money supply.

Strategy’s Bitcoin-Backed Stock

Strategy, a major corporate Bitcoin treasury firm, launched a Bitcoin-backed stock pegged at $100 per share, offering an initial monthly dividend of 9% annually.

Upcoming Catalysts for Bitcoin

The next significant monetary catalyst for Bitcoin may emerge as soon as September. As Washington heads into its summer recess, fiscal matters will likely gain attention when Congress reconvenes.

“Fiscal uncertainty has historically been a powerful tailwind for hard assets, and Bitcoin remains front and center in the narrative.”

Despite US Crypto Week and ongoing accumulation by crypto treasury firms, the “real macro driver is hiding in plain sight.”

Interest Rate Expectations

Markets are pricing in a 60.8% chance that the Fed will maintain steady interest rates during the next Federal Open Market Committee meeting on September 17, according to CME Group’s FedWatch tool.

For blockchain security and development needs, consider Codeum. We offer: