Metaplanet Raises $5.4B, Strategy Inc. $1B to Expand Bitcoin Holdings as Price Hits $106,000

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Updated Jun 8, 2025, 04:03 PM

Japanese company Metaplanet has announced plans to raise $5.4 billion through the issuance of moving-strike warrants, marking Japan's largest equity issuance of its kind and the first to use above-market pricing, typically a departure from the usual 8–10% discount. This move aims to fund the acquisition of more Bitcoin, with the company targeting ownership of 210,000 Bitcoin by 2027, which would represent approximately 1% of Bitcoin's total supply. Currently, Metaplanet holds 8,888 BTC valued at $932 million. Following the announcement, Metaplanet's stock surged 24%, with the share price having risen over 600% in the past year.

In the United States, Michael Saylor's Strategy Inc. has increased its offering of perpetual Stride preferred stock from $250 million to $1 billion. This financial strategy is designed to bolster the company's Bitcoin holdings, reflecting a broader trend of corporate investment in the cryptocurrency. Strategy Inc. is now the largest corporate holder of Bitcoin, with a total of 580,250 BTC, valued at nearly $61 billion.

Bitcoin's market price has recently surpassed $105,000, with some reports indicating it has reached $106,000. This surge in price coincides with increased corporate interest and investment in Bitcoin, as evidenced by the actions of Metaplanet and Strategy Inc.

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