Metaplanet Invests $5.4 Billion in Bitcoin, Aims for 210,000 BTC Holdings by 2027

Japanese firm Metaplanet has announced a major acquisition plan to purchase up to 210,000 Bitcoin (BTC) over the next five years, totaling $5.4 billion in investment. This ambitious move positions Metaplanet as a leading institutional BTC holder and signals potential influence on global cryptocurrency markets. To fund this substantial acquisition, Metaplanet has launched an equity fundraising program through a floating strike price warrant mechanism. The plan represents a significant shift for the company, expanding their role as a market influencer. The company’s stock prices saw significant rises following this announcement, with a surge of 22% to 26.5% on investor interest.