On June 6th, Simon Gerovich, the CEO of the Japanese-listed company Metaplanet, said on social media that the company announced the launch of the largest Bitcoin-related equity financing program in Asia’s history. The financing scale of this plan amounts to 770.9 billion yen (approximately 5.4 billion US dollars), and 555 million new shares will be issued through “floating strike price warrants” at a premium higher than the market price.
Metaplanet plans to hold 100,000 BTC by the end of 2026. By the end of 2027, the number of Bitcoins will reach 210,000, accounting for 1% of the total Bitcoin. The company currently holds 8,888 Bitcoins, with a market value of nearly 1 billion US dollars. The return rate since 2025 is 225.4%. Its stock has risen by more than 213% in the past month and by nearly 285% so far this year.
Metaplanet stated that all the funds raised this time will be used to purchase Bitcoin to accelerate the implementation of its Bitcoin strategy and make the company the world’s largest public holder of Bitcoin after MicroStrategy.
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