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210,000 BTC By 2027: Metaplanet Unveils $5.4 Billion Capital Raise To Boost Bitcoin Treasury

  • Metaplanet, a Tokyo-listed firm aiming to become a Bitcoin Treasury Company, has announced a $5.4 billion equity raise to purchase more BTC.
  • This move marks the largest-ever issuance of stock warrants in Japan, with 96% of the capital allocated towards buying bitcoin.
  • The company's ambitious goal is to amass 210,000 BTC by 2027, with targets set for 30,000 BTC by 2025 and 100,000 BTC by 2026.
  • Metaplanet currently holds 8,888 BTC and aims to join the Bitcoin 1% club by accumulating over 1% of the total 21 million BTC supply.

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