Metaplanet’s $255M raise fuels plan to hold 210K BTC by 2027

ambcryptoPublished on 2026-03-17Last updated on 2026-03-17

Abstract

Metaplanet has resumed its Bitcoin accumulation strategy after a three-month pause, raising $255 million through a stock sale to global investors. CEO Simon Gerovich indicated that an additional $276 million could be raised if investors exercise strike warrants, bringing the total potential funding to $531 million. The firm aims to increase its current holdings of 35,102 BTC to 100,000 by the end of 2026 and ultimately reach 210,000 BTC by 2027, which would represent 1% of the total Bitcoin supply. Despite a 12% drop in its stock price following the announcement, the company remains focused on leveraging stock volatility to fund its ambitious BTC targets. Meanwhile, BTC treasury firms have seen a 3.6% increase in demand over the past month, outpacing the 0.4% growth in BTC ETFs.

After nearly a three-month pause, Metaplanet has revived its Bitcoin [BTC] accumulation plan. The Bitcoin treasury firm announced that it raised $255 million after selling its stock to global investors.

According to Metaplanet’s CEO, Simon Gerovich, there was a potential to raise an additional $276 million in capital if investors exercised strike warrants (an option to buy stock at a later date at higher prices).

Collectively, this would translate to $531 million, with Gerovich adding that,

Up to ~$531m in additional firepower on our march towards 210,000 BTC.

Will Metaplanet fund a $5.55B Bitcoin war chest?

Metaplanet currently holds 35,102 BTC, with its last purchase made in late December 2025. Since then, the firm has stayed on the sidelines, even during the steep discount window when Bitcoin slipped to the mid‐$60K range.

Source: Metaplanet

Yet, the firm aims to scale the 35K BTC stash to 100K BTC holdings by the end of this year. By 2027, Metaplanet seeks to control 210,000 BTC and become one of the holders of 1% of the overall BTC supply.

If 2026 targets were to be met, then the firm would need to acquire 75K BTC in the next nine months, about $5.55 billion at the current market price. It’s unclear whether it will raise this amount to hit the 2026 BTC plan. But the CEO seems focused on turning the stock’s volatility to raise the funds needed to hit the 210K BTC target.

Strangely, though, traders appeared bearish after the share liquidation move. On the Tokyo Stock Exchange, Metaplanet’s stock dropped 12% at the time of writing.

Meanwhile, the firm has diversified into venture funding and asset management, both aimed at scaling its BTC strategy.

BTC treasury demand surges 3.6%

That said, BTC treasury firms have become significant marginal buyers over the past 30 days. According to Bitcoin Treasuries data, public firms’ appetite for BTC increased by 3.6% and now holds 1.178 million BTC, worth over $87B. This was primarily driven by Strategy’s aggressive ‘dip buying’ spree.

Conversely, BTC ETFs, despite recent renewed optimism, collectively saw a 0.4% increase in demand over the past 30-day period.

Source: Bitcoin Treasuries

Final Summary

  • Metaplanet CEO reassured that the firm’s plan to hold 210K BTC by 2027 was still on track after raising $255 million.
  • Overall, demand from BTC treasury firms increased by nearly 4%, outpacing ETFs’ paltry 0.4%.

Related Questions

QHow much did Metaplanet raise to fund its Bitcoin accumulation plan, and what is the potential total if warrants are exercised?

AMetaplanet raised $255 million, with the potential to raise an additional $276 million if investors exercise strike warrants, bringing the total potential funding to $531 million.

QWhat is Metaplanet's current Bitcoin holding and what are its targets for 2026 and 2027?

AMetaplanet currently holds 35,102 BTC. It aims to scale to 100,000 BTC by the end of 2026 and reach 210,000 BTC by 2027.

QHow did the market react to Metaplanet's recent share liquidation move?

ATraders appeared bearish, as Metaplanet's stock dropped 12% on the Tokyo Stock Exchange following the announcement.

QHow has the demand from BTC treasury firms changed compared to BTC ETFs over the past 30 days?

ADemand from BTC treasury firms increased by 3.6%, significantly outpacing the 0.4% increase in demand for BTC ETFs.

QWhat new business areas has Metaplanet diversified into to support its Bitcoin strategy?

AMetaplanet has diversified into venture funding and asset management, both aimed at scaling its BTC strategy.

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363 Total ViewsPublished 2025.05.13Updated 2025.05.13

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