Metaplanet files $3.69 billion stock plan to fund 210,000-Bitcoin target by 2027

Key Points

1. Metaplanet's stock trading volume reached 1.86 trillion yen in June, nearly double May's volume, with shares climbing over 345% year-to-date.

2. The company's Bitcoin reserves grew from fewer than 4,000 BTC in March to 17,132 BTC by July, with an average purchase price of $100,504 per Bitcoin.

3. Metaplanet reported a Q2 2025 BTC yield of 129.4% and a year-to-date return of 430.2% by July 18, with accelerated purchases in July.

4. The company plans to issue preferred stock and Class B shares, with an extraordinary general meeting scheduled for September 1 to vote on the proposal.

5. Metaplanet's strategy has pushed it ahead of companies like Toyota and Sony in market impact, with institutional investors showing interest despite market risks.