Metaplanet is back in action after nearly three months, reigniting its Bitcoin accumulation plan. The firm just raised $255 million from global investors, with the potential to pull in another $276 million if strike warrants are exercised. CEO Simon Gerovich says this could give them up to $531 million in ammo as they push toward a jaw-dropping 210,000 BTC.
Right now, Metaplanet holds 35,102 BTC. Since December 2025, the firm hasn’t bought a single coin even when Bitcoin dipped to the mid‑$60K range. But the plan is clear: hit 100K BTC by the end of 2026 and 210K BTC by 2027, roughly 1% of all Bitcoin. To reach this year’s goal, they’d need to spend around $5.55 billion on 75K BTC no small feat. Gerovich seems set on using stock volatility to fuel the mission.
Investors didn’t cheer the news. Metaplanet’s shares dropped 12% on the Tokyo Stock Exchange after the stock sale. Still, the firm is diversifying, moving into venture funding and asset management, both aimed at scaling its Bitcoin strategy.
Corporate Bitcoin demand is heating up. Over the past month, BTC held by public firms rose 3.6% to 1.178 million coins, worth over $87 billion, largely thanks to Strategy’s aggressive dip buying. Meanwhile, BTC ETFs barely budged, growing just 0.4%.
Metaplanet’s next moves could reshape corporate Bitcoin demand if they can raise the billions needed, they’ll be on a path to owning a massive slice of the crypto market.
