All about Metaplanet’s Bitcoin strategy after raising $137M
Metaplanet raises ¥21 billion to expand Bitcoin holdings, eyeing ‘1% Bitcoin Club’ despite market risks.
Tokyo-listed Metaplanet is back in the headlines. On the 29th of January 2026, the company raised ¥21 billion ($137 million) to ramp up Bitcoin [BTC] acquisitions. At the time of writing, they held 35,102 BTC.
As stated by CEO Simon Gerovich,
“The raised capital will accelerate our Bitcoin strategy, enabling us to further expand our holdings.”
This move reinforces Metaplanet’s strong commitment to Bitcoin, further expanding its position. While Bitcoin’s volatility is well known, the company remains fully invested. They understand the risks, yet show no signs of backing down.
Metaplanet’s $137M raise fuels Bitcoin growth
Metaplanet raised ¥21 billion to expand its Bitcoin holdings.
The funds came from two sources: ¥12.2 billion through share sales at a 5% premium ($499 per share), and ¥8.8 billion via one‑year warrants issued at a 15% premium ($547 per share). This strategy builds on the company’s Bitcoin portfolio, which had already surged 568% in 2025.
The capital raise issued 24,529,000 new shares, causing a 3.54% dilution. Metaplanet believes this won’t have a significant impact, but short-term effects on shareholders are possible.
Bitcoin’s price fell below $85,000 at press time. If the decline continues, it could threaten their plan, with upcoming moves crucial to their future.
‘1% Bitcoin Club’ & more
Metaplanet aimed to join the exclusive “1% Bitcoin Club” by holding a substantial amount of Bitcoin, similar to Satoshi Nakamoto, who controlled 1.1 million BTC (5% of the supply), and Michael Saylor, with 712,647 BTC (around 3.4%). These giants controlled massive chunks of the market.
With the ¥21 billion raise, Metaplanet was on track to increase its Bitcoin holdings and potentially have a say in how the market moved.
Final Thoughts
- Metaplanet’s ¥21 billion raise positions the company to increase Bitcoin holdings, but with great risk.
- The dilution impact is real, but the company is betting that the rewards from Bitcoin will outweigh immediate shareholder concerns, especially now as it has dipped.
