Metaplanet Bitcoin Treasury Expansion: A $137M Strategic Raise

How the New Metaplanet Bitcoin Treasury Move Impacts the Market

In a bold move that cements its status as "Asia’s MicroStrategy," Tokyo-listed Metaplanet Inc. has approved a massive $137 million (¥20.7 billion) capital raise to supercharge its Metaplanet Bitcoin treasury strategy. Announced on January 29, 2026, this board-approved plan uses a "third-party allotment" a common Japanese financial method where new shares are sold to specific overseas investors. This move is designed to give the company the "firepower" it needs to grow its digital asset reserves while making its financial foundation even stronger.

Source: X(formerly Twitter)

The fundraising is split into two parts. First, the company is issuing 24.5 million new common shares at about $3.35 (¥499) each. Second, it is offering "stock acquisition rights," which act like coupons that investors can trade for another 15.9 million shares later. While adding more shares can sometimes lower the value for current owners, the market remains excited about the company's long-term goal. By setting aside roughly $92 million (¥14 billion) for immediate Bitcoin buying, the firm is doubling down on its belief that digital asset is the best asset for its future.

How Metaplanet’s New Bitcoin Treasury Move Impacts the Market

The timing of this Metaplanet Bitcoin treasury expansion is very important because of the current economy in Japan. With the yen losing value and prices rising, Metaplanet sees BTC  as more than just an investment; it is a "hedge" a way to protect its wealth from currency crashes. As of early 2026, the company holds 35,102 BTC (worth over $3.1 billion) and is on a clear mission to own 1% of the total BTC supply by 2027.

Where the Money is Going

The company has a transparent "road map" for how it will spend this fresh capital:

Buying BTC : ¥14 billion is dedicated to purchasing BTC in stages to avoid overpaying during price swings.

Paying Down Debt: ¥5.1 billion will go toward paying off loans, which lowers the company's costs.

Generating Income: ¥1.5 billion will support its "BTCLightning Capital" branch, which uses smart trading strategies to earn extra profit from its holdings.

Expert Analysis: The Institutional Shift

Having global giants like State Street and Clearstream among its top shareholders shows that the Metaplanet BTC treasury model is working. By reporting its Bitcoin value every three months, the company offers a level of honesty and clarity that few traditional firms can match. This transformation allows investors to bet on Bitcoin's success within the safety of a regulated stock market.

Looking toward August 2026, the company aims to become one of the top five corporate BTC holders in the world. It has a secret weapon: low-interest yen debt. By borrowing in a currency that is losing value to buy an asset that is gaining value (Bitcoin), the company is playing a high-reward game that most competitors in the West simply cannot copy. As the Metaplanet Bitcoin treasury continues to expand, it is setting a new standard for how companies in Asia handle their money.