Japanese investment firm Metaplanet has filed a request for a share issuance of up to ¥555 billion ($3.7 billion) to increase its Bitcoin investments.
Share Issuance Filing
Metaplanet's shelf registration will run from August 2025 to August 2027, allowing the firm to raise capital in phases based on market conditions. While this filing does not guarantee the issuance of shares, the company has indicated that it forms part of its long-term strategy.
Bitcoin Accumulation Strategy
The company aims to accumulate up to 210,000 BTC by the end of 2027. Currently, Metaplanet holds 17,132 BTC, including a recent purchase of 780 BTC on July 28. At current prices, these holdings are valued at just under $2 billion. The proposed issuance is expected to significantly enhance its Bitcoin treasury.
Market Analysis and Forecasts
Some analysts suggest that ongoing corporate accumulation, in conjunction with global money supply trends, could push Bitcoin past $130,000 by late 2025. Markets are currently pricing in a 60% chance that the Fed will keep rates steady at its next policy meeting on September 17.
Overall trends in corporate Bitcoin accumulation and market support may significantly impact the future price of digital assets.
