Metaplanet big pump 22% in a single day! Invested $5.4 billion to buy Bitcoin, aiming to hold 210,000 BTC by 2027.

Japanese investment firm Metaplanet plans to spend $5.4 billion to increase its holdings in bitcoin, sending shares soaring 22% on the day. (Synopsis: Metaplanet launches Asia's largest bitcoin equity financing: targets to buy $5.4 billion BTC with 1% supply) (Background supplement: Japan Micro Strategy" Metaplanet announces that its hotel has changed its name to "Bitcoin Hotel" and invested in bitcoin, and its stock price soared 4,000% in one year) Japanese investment firm Metaplanet recently announced a major plan to significantly increase its bitcoin holdings by $5.4 billion, aiming for 2027 Reaching 210,000 BTC by the end of the year, this strategy may not only make Metaplanet the second largest publicly traded Bitcoin holder in the world after MicroStrategy, but also trigger an immediate positive market reaction, and the company's share price will rise significantly. This once again highlights the growing trend of companies incorporating Bitcoin into their asset allocations. Market reaction Metaplanet announced its revised Bitcoin acquisition plan on June 6, 2025, significantly increasing its original target of 21,000 to 210,000, which is expected to be completed by the end of 2027. If successful, Metaplanet's bitcoin holdings will be second only to MicroStrategy, the world's largest publicly traded company holder. Following the news, Metaplanet shares (3350T) performed strongly during the June 9, 2025 trading session, with a maximum gain of 22%. According to Google Finance data, the intraday trading price was 1,505 yen (about $10.42), and the highest intraday touched 1,641 yen (about $11.36), the largest increase of 22%. Metaplanet currently holds 8,888 BTC, most recently announcing the purchase of 1,088 BTC on June 2. To achieve this "555 million plan" (compared to the previous "21 million plan"), Metaplanet expects to raise approximately 770.9 billion yen (approximately $5.4 billion) through the issuance of approximately 555 million mobile execution price warrants. The execution price of such financial instruments is adjusted based on the performance of the company's share price, helping to ensure the incremental nature of capital raisings and avoid excessive dilution of equity. Related reports Microstrategy echoes "Bitcoin quantum attack", Michael Saylor: Unfounded worry, if it comes true, Google, Microsoft will fall first Microstrategy Michael Saylor speech "21 Ways to Get Rich with Bitcoin": Clarity, faith, courage, everything is rooted in BTC Ethereum version of Microstrategy" SharpLink Gaming intends to raise $425 million to buy ETH, and the stock price soared 800% in a single day (Metaplanet soared 22% in a single day! Spending $5.4 billion to buy bitcoin and holding 210,000 BTC in 2027" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".

BTC0.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)