On June 6, 2025, Metaplanet's CEO Simon Gerovich announced a significant Bitcoin financing plan, believed to be the largest in Asia, with the aim to accumulate 210,000 BTC by 2027.
Announcement of the Financing Plan
Metaplanet revealed a ¥770.9 billion ($5.4 billion) financing plan, anticipated to be the largest equity effort related to Bitcoin in Asia, which includes issuing 5.55 billion new shares via floating strike price warrants. CEO Simon Gerovich stated that this move leverages Metaplanet's high stock price volatility and strong liquidity.
Goals and Strategies of Metaplanet
The intention to acquire 210,000 BTC by 2027 showcases a significant commitment to Bitcoin, positioning Metaplanet as one of the largest corporate holders of the cryptocurrency globally. However, official documents do not yet validate these ambitious acquisition targets or financing claims.
Community Reaction and Current Market Status
Community responses indicate uncertainty, as major crypto figures have not commented, and there are no affirmative official statements. Notably, Eric Trump's involvement on the Strategic Advisory Board may signal potential deeper institutional engagement. Currently, Bitcoin's price stands at $103,209.78, reflecting a 1.25% decline over the last 24 hours.
Metaplanet's bold plan may influence financial strategies considerably if confirmed, promoting corporate adoption of Bitcoin.
