Highlights
Japanese firm Metaplanet made a major announcement with its Board of Directors approving an additional $5 billion in “capital allocation” towards building its Bitcoin Treasury. This massive capital allocation will happen to its fully owned US subsidiary, trading with the MTPLF stock ticker. The Japanese firm said that this move will fund the 30,000 Bitcoin acquisition plan by year-end.
Metaplanet is making an aggressive push for building its Bitcoin Treasury, with a target of 30,000 BTC by year-end, or 1% of the total BTC supply i.e. 210,000 BTC by the end of 2027. A day after adding an additional 1,111 BTC to its Bitcoin Holdings, the Japanese firm has announced another $5 billion in capital allocation to its US subsidiary.
In its official announcement, the Japanese firm stated that it has entered a more aggressive expansion phase in implementing its “555 Million Plan,” first announced on June 6, 2025. Metaplanet noted that this plan is crucial in advancing its long-term vision of becoming a global leader in Bitcoin treasury management.
The firm has set its sights on holding 210,000 Bitcoin by the end of 2027. To achieve this ambitious milestone, the Japanese firm plans to strategically allocate capital across key jurisdictions. Today’s plan comes after the company announced its $5.4 billion fundraising plan for Bitcoin purchases. The official announcement notes:
“While Metaplanet continues to pioneer corporate Bitcoin adoption in Japan, this U.S. expansion underscores our determination to establish a globally integrated treasury model. The Company believes this approach will drive long-term accretion to shareholder value, enhance treasury yield efficiency, and reinforce our positioning at the forefront of Bitcoin-based capital market innovation”.
Following the launch of Metaplanet’s US subsidiary last month in May, the MTPLF share to $15. However, the stock price has come under selling pressure with a 6% drop to $11.64 on Monday. Similarly, the stock is facing increased selling pressure on the Tokyo Stock Exchange, with the stock dropping 5.38% today to 1,547 JPY levels.
However, MTPLF has seen strong institutional interest from players like Citigroup and Capital Group purchasing 1 million and 2 million MTPLF shares, respectively, earlier this month. Thus, after a massive rally, today’s pullback in MTPLF could be part of a healthy correction.
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