Metaplanet Inc. Widely recognized as Japan’s leading Bitcoin Treasury Company, announced a major update to its Bitcoin accumulation strategy revealing “555 million plan” aimed at acquiring over 210,000 BTC at the end of 2027, which is equivalent to 1% of Bitcoin’s total supply.
This new goal marks a dramatic increase from the company’s previous “21 million plan”, which aimed at only 21,000 BTC in 2026. Progress far exceeded expectations, with 8,888 BTC already secured from June 2, which led to the strategic shift.
To finance this growth, Metaplanet has launched Asia’s largest Bitcoin-focused capital increase with the aim of securing $ 770.9 billion. This is the first structure of its kind in Japan, which is priced at a prize for the market, made possible by the company’s high proportion of liquidity and volatility.
At the Annual General Meeting on March 24, the shareholders approved an increase in authorized shares from 161 million to 1.61 billion after a 10-for-1 share division with effect from April 1, 2025; The metaplan has approx. 296 million authorized shares left. The 555 million shares issued according to the new plan bring out the company’s fully diluted shares to around 759 million.
The Metaplan’s Bitcoin yield target and performance for 2025 has shown a strong momentum with quarterly BTC yields of 41.7% in Q3 2024, 309.8% in Q4 2024, 95.6% in Q1 2025, 66.3% in Q2 2025, and projected 35% yields for both Q3 and Q4 2025. BTC yield for 202 standing on 202 525. 225.4%, which closes to the whole annual target of 232%.
The Metaplanet also announced the issue of the 20th to 22nd row of share purchase rights via a third party allocation to the Evo Foundation, potentially adding 555 million new shares. The initial training price is set to JPY 1,388 and is adjusted regularly based on stock prices with some series that include a premium to protect shareholders. The exercise period runs from June 24, 2025 to June 23, 2027 with an expected revenue of approx. JPY 767.4 billion. This funding supports “555 million plan” and additional Bitcoin accumulation.
Metaplanet CEO Simon Gerovich wrote in a post about X, “Thank you to all our shareholders,” he said. “We are honored to be on this journey with you. Metaplanet accelerates into the future – driven by Bitcoin.”