Metaplanet Approves $5 Billion Bitcoin Treasury Push in Bold “555 Million Plan”
Japanese investment firm Metaplanet Inc. has approved a $5 billion capital allocation to accelerate its Bitcoin treasury strategy, part of the company’s sweeping “555 Million Plan” that aims to accumulate 210,000 BTC—equivalent to 1% of Bitcoin’s total supply—by the end of 2027.
The funds will be deployed through its U.S.-based subsidiary, Metaplanet Treasury Corp., which trades under the ticker MTPLF on U.S. over-the-counter markets. This move marks one of the most ambitious corporate Bitcoin strategies to date and mirrors the treasury-led approach pioneered by U.S. software firm MicroStrategy.
30,000 BTC Target by End of 2025
As part of the short-term roadmap, Metaplanet plans to acquire 30,000 BTC by year-end. On June 23, the company added 1,111 BTC to its reserves, bringing its total holdings to an estimated 11,111 BTC—valued at over $1 billion at current market prices.
In a statement to investors, Metaplanet described the $5 billion authorization as “a strategic move to secure a globally integrated Bitcoin treasury model and support shareholder value through exposure to hard money assets.”
Largest Equity Warrant Issue in Japan
The funding for this massive push is backed by the issuance of 555 million stock-acquisition warrants—the largest of its kind in Japanese history. This fundraising mechanism was unveiled as part of the firm’s June 6 announcement detailing the 555 Million Plan.
“This financing structure allows us to rapidly build our Bitcoin position while preserving shareholder equity via dilution protection,” said Simon Gerovich, CEO of Metaplanet Treasury Corp. “Our goal is to lead capital markets innovation with a hard asset focus.”
The company has also previously raised capital through zero-coupon, non-interest-bearing bonds, raising over ¥3.6 billion (~$25 million) in May.
Institutional Backing From Wall Street Giants
Despite a modest stock correction, institutional investors have signaled strong interest in Metaplanet’s strategy. Citigroup and Capital Group recently disclosed significant positions in the firm—acquiring 1 million and 1.8 million shares, respectively.
On the Tokyo Stock Exchange, Metaplanet’s stock fell 5.38% on Monday to close at ¥1,547, while MTPLF dropped 6% to $11.64 in U.S. OTC trading. Both moves are considered by analysts to be short-term corrections following a sharp rally that saw the stock climb over 2,700% year-to-date.
According to a recent Financial Times report, Metaplanet’s pivot from hotelier to Bitcoin investor has fueled an 8,850% stock gain over two years, positioning it as one of Asia’s fastest-rising Bitcoin-linked equities.
U.S. Expansion for Deeper Liquidity
The newly launched U.S. subsidiary, headquartered in Florida, is expected to play a pivotal role in facilitating future Bitcoin purchases, enabling access to deeper liquidity pools and regulatory clarity for institutional participation.
“The United States remains the center of the Bitcoin capital markets,” Gerovich added. “By establishing a foothold here, we’re setting the stage for greater transparency, investor trust, and operational efficiency.”
Strategic Goal: 1% of All Bitcoin
If successful, Metaplanet’s plan to amass 210,000 BTC by 2027 would make it one of the world’s largest institutional Bitcoin holders—potentially rivalling MicroStrategy, which currently holds over 580,000 BTC following its most recent purchases.
With only 21 million BTC ever to exist, Metaplanet’s ambition would place it among a select group of firms holding over 1% of total supply—a milestone with potential market-wide implications.
According to a Standard Chartered estimate, over 3 million BTC are currently held by public companies and ETFs globally—around 14% of the circulating supply.
What Comes Next?
Analysts are closely watching how quickly Metaplanet deploys the newly authorized $5 billion and whether it opts for additional strategies such as Bitcoin derivatives, staking, or ETF exposure.
Meanwhile, the company has announced plans for a “Bitcoin Hotel” in Tokyo, set to open in early 2026, symbolizing its full-scale pivot to Bitcoin-centric operations. The firm has also welcomed new advisory voices including David Bailey, CEO of Bitcoin Magazine, and Eric Trump, who is expected to support the company’s public education campaigns on digital assets.
