Japanese hotelier Metaplanet aims to raise $5.4 billion to dramatically expand its Bitcoin holdings to 210,000 BTC by 2027, eyeing 1% of total supply. Shares surged 15% as it mirrors MicroStrategy's successful pivot, becoming a "Bitcoin treasury company" with a "Bitcoin Hotel" set to open in 2026.
Japanese hotel developer turned cryptocurrency powerhouse, Metaplanet, sent shockwaves through the financial markets on Monday as its shares soared following the announcement of an audacious plan to significantly expand its Bitcoin holdings. The company intends to raise approximately $5.4 billion to increase its Bitcoin reserves more than twentyfold, targeting a staggering 210,000 BTC by the close of 2027. This ambitious move, if successful, would see Metaplanet controlling a remarkable 1% of Bitcoin's total supply, a hoard currently valued at an eye-watering $22 billion.
Metaplanet's dramatic pivot to cryptocurrency in 2024, described by CEO Simon Gerovich as a transformation from "hotelier into hodler," firmly establishes the company as a dedicated Bitcoin treasury entity. This strategy is a direct emulation of the pioneering efforts of Michael Saylor's MicroStrategy, the U.S. software group that has become a highly leveraged Bitcoin investment vehicle. MicroStrategy's market capitalisation, now a formidable $104 billion, has outstripped the value of its 580,000 Bitcoin holdings, a testament to investor confidence that the company's Bitcoin assets will appreciate faster than any share dilution.
Metaplanet's target of 210,000 Bitcoin would catapult it into the position of the world's second-largest corporate holder of the cryptocurrency, cementing its place behind only MicroStrategy. This aggressive buying spree comes at a time of heightened market enthusiasm for Bitcoin, fueled in part by Donald Trump's recent U.S. election victory and his promise of industry-friendly policies for the digital asset space. Even the Trump family has entered the fray, with their media company announcing plans to raise $2.5 billion to acquire Bitcoin, further validating the corporate treasury model. Adding to Metaplanet's strategic muscle, Eric Trump joined the company's strategic board of advisers in March.
The company's commitment to Bitcoin has already delivered astounding returns for its shareholders. Metaplanet's consistent acquisition of Bitcoin for its corporate treasury over the past year, coupled with an increasing pace of purchases, has seen its share price skyrocket by over 8,850% in the last two years, reaching ¥1,544 ($10.71). The company's initial goal of holding 21,000 Bitcoin by the end of 2026 has now been significantly revised upwards to 100,000 Bitcoin for the same period, underscoring its growing confidence in the digital asset.
Monday's 15% surge in Metaplanet's shares was a clear endorsement from investors for its plans to raise substantial capital via warrants. The company touts this as the "largest stock acquisition rights issuance in Japan capital markets history," signalling a firm belief in its Bitcoin-centric future. Metaplanet explicitly states that its management measures performance through a Key Performance Indicator (KPI) called "BTC Yield," which reflects the percentage growth in Bitcoin per share, guiding all its capital market activities.
Beyond its core Bitcoin treasury operations, Metaplanet is also extending its commitment to cryptocurrency into its traditional business. The company owns and operates a hotel in Tokyo, which is currently undergoing a rebranding to become "The Bitcoin Hotel," with an anticipated opening in early 2026. Furthermore, Metaplanet holds the exclusive license for Bitcoin Magazine in Japan, a crucial initiative aimed at promoting Bitcoin education and adoption across the country.
Further strengthening its strategic ties within the Bitcoin ecosystem, Metaplanet appointed David Bailey, CEO of the company behind Bitcoin Magazine, to its board of strategic advisers in April. Bailey himself is actively involved in the corporate treasury space, establishing his own U.S.-listed vehicle, Nakamoto Holdings, through a merger with healthcare group KindlyMD.
Metaplanet's bold move underscores a growing trend of companies embracing Bitcoin as a primary treasury asset, betting on its long-term value appreciation and its potential to reshape corporate finance. As the "hotelier turned hodler" embarks on this unprecedented capital raise, the financial world will be watching closely to see if its ambitious Bitcoin vision can truly materialise.
Ongoing uncertainty surrounding US President Donald Trump's tariff strategy has driven Bitcoin's value below the $75,000 mark on Monday.
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, under the Treasury Department.
Bitcoin and ether, the two largest cryptocurrencies by market capitalization, plunged to multi-month lows on Tuesday amid a broad market sell-off and heightened uncertainty following last week's hack that siphoned $1.5 billion in ether from the crypto exchange Bybit.
Bitcoin fell below $100,000 on Monday, hitting an 11-day low as market caution spiked following the debut of a Chinese AI model that triggered a selloff in Western tech stocks.
Bitcoin surged 2.5% to $104,736 after Trump’s executive order on cryptocurrency, while Ethereum rose 4%. Market cap hit $2.07T amid regulatory and tech advancement plans.
The UK government is exploring new online safety measures that could impose time limits and curfews on children's use of social media apps, in response to growing concerns about digital addiction and harmful content.
More than 400 Stagecoach bus drivers in Scotland have begun an all-out strike from June 9 over a pay dispute, causing major disruptions across Ayrshire, Lanarkshire, and parts of Glasgow.
China sends Vice Foreign Minister Sun Weidong to East Asian cooperation meetings in Malaysia, aiming for "in-depth communication" on "Inclusivity and Sustainability" to foster regional stability and positive energy.
A collision involving a student bus and a vehicle on Malaysia’s East-West Highway has left at least 15 people dead and dozens injured, prompting condolences and support directives from national authorities.
The Church of England is set to invest a record $2.2 billion over three years to support clergy and parishes, aiming to fuel a revival in church attendance.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Israel’s military says it has identified the body of top Hamas commander Mohammed Sinwar beneath a hospital in southern Gaza.
British chip designer Alphawave is set to be acquired by U.S. semiconductor giant Qualcomm in a $2.4 billion deal, marking another major loss for the London Stock Exchange as tech firms continue shifting to U.S. markets in search of higher valuations.
A number of French companies are facing restructurings due to economic challenges, a situation that has garnered interest from hedge funds specialising in distressed debt.
Global food commodity prices experienced a notable decline in May, driven by significant drops in the cost of grains, sugar, and vegetable oils, the United Nations' Food and Agriculture Organization (FAO) reported on Friday.
Germany’s new government has launched a major program aimed at boosting investment and helping Europe’s largest economy recover after two years of decline.
The European Central Bank has reduced its three key interest rates by 25 basis points, aligning with expectations and reflecting progress toward its inflation target.
The UK government is exploring new online safety measures that could impose time limits and curfews on children's use of social media apps, in response to growing concerns about digital addiction and harmful content.
More than 400 Stagecoach bus drivers in Scotland have begun an all-out strike from June 9 over a pay dispute, causing major disruptions across Ayrshire, Lanarkshire, and parts of Glasgow.
China sends Vice Foreign Minister Sun Weidong to East Asian cooperation meetings in Malaysia, aiming for "in-depth communication" on "Inclusivity and Sustainability" to foster regional stability and positive energy.
A collision involving a student bus and a vehicle on Malaysia’s East-West Highway has left at least 15 people dead and dozens injured, prompting condolences and support directives from national authorities.
The Church of England is set to invest a record $2.2 billion over three years to support clergy and parishes, aiming to fuel a revival in church attendance.
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