Metaplanet has raised $255 million from institutional investors to accelerate its Bitcoin treasury expansion. The Tokyo-listed firm issued new shares at a 2% premium and warrants that could bring total potential funding to $531 million. This capital will fund its “555 Million Plan,” which aims to accumulate 210,000 Bitcoin by 2027, positioning the company among the world’s largest BTC holders.
Metaplanet has successfully raised $255 million from institutional investors to expand its Bitcoin holdings. CEO Simon Gerovich made the announcement on March 16, 2026.
The fundraising involved issuing new shares at a 2% premium alongside fixed-strike warrants at a 10% premium. If exercised, these warrants could raise an additional $276 million, bringing the total potential funding to $531 million.
A significant portion of the proceeds will be used to acquire more Bitcoin. The company also introduced Moving Strike Warrants linked to its net asset value (NAV).
These warrants can only be exercised if Metaplanet’s shares trade above 1.01 times its market NAV. This structure is designed to protect existing shareholders from dilution.
This move advances the company’s “555 Million Plan.” It follows a previous raise of approximately $136 million in January 2026.
Interest in the firm has grown significantly, with over 216,000 shareholders now. Its share price has reportedly increased by more than 8,800% over the past two years.
The company recently established a $25 million venture fund for Bitcoin ecosystem startups. Its ultimate goal, as stated, is to hold 210,000 BTC by 2027.
