Metaplanet raises $255M, targets 210,000 BTC by 2027

Metaplanet raised $255M via private placement and warrants, targeting 210,000 BTC by 2027. An additional $854M was secured through share issuance, reinforcing its digital asset strategy.

Metaplanet has secured approximately $255 million through a private placement aimed at global institutional investors, supporting its long-term strategy to expand its Bitcoin holdings. The financing includes new shares at a 2% premium and fixed-strike warrants at a 10% premium. If these warrants are exercised, Metaplanet could raise an additional $276 million, bringing the total potential funding to about $531 million. The company intends to use these funds primarily for ongoing Bitcoin acquisitions, with a target of reaching 210,000 BTC by 2027. In a separate move, Metaplanet also raised $854 million by issuing over 107 million ordinary shares and stock options, further strengthening its position in the digital asset sector. Currently, Metaplanet holds around 35,100 BTC, valued at approximately $2.6 billion, making it one of the largest corporate holders of Bitcoin globally. The capital influx from international institutional investors highlights Metaplanet’s commitment to expanding its influence in the digital asset arena.