Key Highlights:
- Metaplanet announced that it has raised about $255 million.
- This raised amount will be used to buy more Bitcoin (BTC).
- The company plans to hold 210,000 BTC by 2027.
Metaplanet’s CEO Simon Gerovich, announced today, March 16, 2026, on social media platform X, that the company has raised $255 million from institutional investors as a part of its ongoing plan to build one of the largest corporate Bitcoin treasuries in the world.
According to the CEO’s post, Metaplanet, the Japan-based company, sold newly issued shares at a price that was about 2% higher than its current market price. Along with the shares, investors also received fixed-strike warrants. These warrants were priced at a 10% premium. If these warrants are exercised later, the company could raise an additional $276 million.
So, considering both these situations, the funding could provide up to $531 million in capital. With this, Metaplanet plans to use most of this money to buy more Bitcoin which has been the company’s long-term goal.
The company has a very ambitious target where it aims to scoop up 210,000 BTC by 2027, which would represent around 1% of Bitcoin’s total supply.
New Warrant Structure Designed to Protect Investors
The other major feature of this funding round is that there has been an introduction of Moving Strike Warrants. With this feature, it includes a new protection mechanism that is tied to the company’s market Net Asset Value (NAV).
So basically, these warrants can only be exercised if Metaplanet’s stock price trades above 1.01 times its mNAV. This rule makes sure that the new shares are only issued when it benefits existing shareholders.
The main idea behind this structure is to prevent unnecessary dilution. Instead of hurting current investors, the warrants are designed so that issuing new shares increases the amount of Bitcoin backing each share.
This structure is considered one of the first of its kind in Japan’s public markets. Analysts estimate that the warrants alone could bring in around $234 million for additional Bitcoin purchases if they are exercised.
Building on Earlier Bitcoin Funding Plans
This is not the first that the Japanese company has used creative financing to expand its Bitcoin holdings. In January 2026, the company has raised $136 million by issuing 24.5 million shares priced at ¥499, along with warrants priced at ¥547. That capital was also directed toward increasing its Bitcoin treasury.
Before that, Metaplanet launched what it called the “555 Million Plan,” issuing 555 million warrants as part of a broader strategy to raise funds while limiting shareholder dilution.
These funding tools allow the company to raise money efficiently while taking advantage of market volatility. Instead of seeing share price fluctuations as a risk, Metaplanet uses them as a way to secure capital for buying more Bitcoin.
Aiming for 210,000 BTC by 2027
Metaplanet has already made its name in the crypto market and is also known as the MicroStrategy of Japan. The company as of December 29, 2025, holds 35,102 BTC, which is 0.167% of the total Bitcoin supply.
With 210,000 BTC, the company has completed about 16.7% and about 83.3% of the goal still remains. Even though the hold is massive, but it is still only about one-sixth of the way to its final accumulation goal.
The strategy that is being used by Metaplanet is similar to the one used by MicroStrategy, which became famous for aggressively buying Bitcoin and holding it as a corporate treasury asset.
Rising Investor Interest
Investor interest in Metaplanet has increased over the years. The firm now has more than 216,000 shareholders and its stock has climbed more than 8,800% in the last two years. Apart from this, the company has also started a $25 million venture fund that is fully focused on Bitcoin startups.
Moreover, if the company reaches its goal of accumulating 210,000 BTC target, it could come out as one of the world’s largest corporate Bitcoin holders.
Also Read: Metaplanet: How a Hotel Company Became a Bitcoin Powerhouse
