Tokyo-listed Metaplanet Inc. (TSE: 3350) has approved a capital injection of up to $5 billion into its U.S.-based subsidiary, Metaplanet Treasury Corp. The move is part of an accelerated plan to transform the Japanese hotel-turned-Bitcoin holding firm into a global leader in digital asset treasury management.
The capital contribution marks the next phase in Metaplanet’s so-called “555 Million Plan,” an initiative disclosed earlier this month to expand its Bitcoin holdings dramatically.
The company has set an ambitious target of acquiring 210,000 BTC by the end of 2027 — an amount that would place it among the world’s largest Bitcoin holders, behind only MicroStrategy and a handful of sovereign entities.
The newly capitalized Florida-based unit will serve as the operational spearhead for Metaplanet’s Bitcoin accumulation strategy in the United States, capitalizing on the country’s deep capital markets and maturing regulatory framework. The funds — to be raised via the exercise of stock acquisition rights — will be allocated exclusively to Bitcoin purchases, the firm confirmed.
“All proceeds contributed will be allocated toward additional Bitcoin purchases. There is no change to the previously disclosed intended use of funds,” the company said in a statement.
The move reflects a growing trend among corporations to mirror MicroStrategy’s playbook by converting balance sheet assets into Bitcoin. According to data from BitcoinTreasuries.net, Metaplanet currently holds 11,111 BTC, placing it eighth among global corporate holders.
The company stated that the immediate financial impact would be limited, but emphasized its commitment to full transparency on future material developments.
Shares of Metaplanet fell 6.3% in Tokyo trading on Tuesday. Bitcoin has rebounded in the last 24 hours from the sharp fall last week. BTC is currently trading at $105,132, after recovering over 3.2% as per CoinMarketCap data.
