Metaplanet Inc. has authorized an additional capital infusion of up to $5 billion into its U.S. subsidiary, Metaplanet Treasury Corp., reinforcing its growing global Bitcoin strategy.
Tokyo-based Metaplanet Inc. has greenlit an additional capital contribution of up to $5 billion to its U.S. subsidiary, Metaplanet Treasury Corp., as part of its aggressive expansion into Bitcoin. According to a June 24 disclosure, the new funding will support the next phase of the company’s Bitcoin acquisition campaign, including the execution of its recently unveiled “555 Million Plan.” The initiative aims to help Metaplanet reach its ambitious target of acquiring 210,000 BTC—equivalent to 1% of Bitcoin’s fixed supply—by the end of 2027.
Metaplanet Treasury Corp., incorporated in Florida in May 2025, has been positioned as the operational center for the company’s U.S. treasury functions. The firm cited the U.S. market’s institutional maturity, deep liquidity, and regulatory clarity as key reasons for its strategic expansion. Miami was specifically chosen for its strong pro-Bitcoin stance and growing reputation as a digital asset hub.
The $5 billion capital injection is expected to be raised through the issuance and exercise of new stock acquisition rights. While the company confirmed that this move does not alter previously disclosed plans for fund usage, it noted that any significant financial implications will be disclosed as they arise.
The decision comes just one day after Metaplanet announced a fresh purchase of 1,111 BTC, bringing its total holdings to 11,111 BTC—currently valued at over $1.1 billion. With this latest acquisition, Metaplanet has emerged as one of the largest corporate holders of Bitcoin globally, surpassing the likes of Coinbase and Hut 8 to become the eighth-largest holder worldwide.
The company has rapidly expanded its Bitcoin reserves through a combination of convertible bond issuances and equity financing. Its aggressive Bitcoin strategy has also fueled a dramatic rise in its stock price, which has surged more than 300% year-to-date.
However, analysts have noted a growing premium embedded in Metaplanet’s share price. Some market estimates imply an underlying Bitcoin price ranging between $596,000 and $759,000 per coin—substantially higher than current spot prices. While this premium underscores strong investor appetite for indirect Bitcoin exposure via equities, it also raises concerns about long-term sustainability and potential dilution risk.
