Metaplanet Plans to Acquire Up to 210,000 BTC by 2027, Targeting About 1% of Bitcoin Supply
The post Metaplanet Plans to Acquire Up to 210,000 BTC by 2027, Targeting About 1% of Bitcoin Supply appeared on BitcoinEthereumNews.com.
Japanese investment firm Metaplanet has set an ambitious goal to acquire 210,000 BTC by 2027, aiming to hold approximately 1% of Bitcoin’s total supply. Recently, Metaplanet expanded its Bitcoin holdings by purchasing 1,112 BTC for about $117.2 million, reaching a total of 10,000 BTC this year through strategic capital market tools. According to CEO Simon Gerovich, Metaplanet’s approach mirrors that of MicroStrategy, positioning itself as a publicly traded Bitcoin proxy in Asia while leveraging bond issuances and equity offerings to fund acquisitions. Metaplanet targets 210,000 BTC by 2027, expanding its Bitcoin treasury through bond sales and equity issuance, positioning as Asia’s leading public Bitcoin proxy. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Metaplanet’s Strategic Bitcoin Accumulation and Capital Market Initiatives In a significant move within the crypto investment landscape, Metaplanet has announced the acquisition of 1,112 BTC for approximately $117.2 million, bringing its total Bitcoin holdings to 10,000 BTC. This milestone aligns with the company’s 2024 target and reflects its broader strategy to accumulate a substantial Bitcoin treasury. The acquisition was funded in part by a $210 million bond issuance approved by Metaplanet’s board, marking the 18th series of ordinary bonds issued by the firm. These bonds, issued to Cayman Islands-based EVO Fund, carry no interest and mature in December, demonstrating Metaplanet’s innovative use of capital market instruments to finance its Bitcoin purchases. Capital Market Tools Fueling Bitcoin…
Filed under: News - @ June 16, 2025 4:28 am