Metaplanet Allocates $5 Billion to U.S. Subsidiary for Bitcoin Treasury Expansion
In a significant capital injection into its North American operations, Japanese investment firm Metaplanet has infused $5 billion into its wholly-owned U.S. subsidiary, Metaplanet Treasury Corp., its latest move to bolster its position in the digital asset sphere.
The company utilizes this substantial funding, raised via stock acquisition rights, to accelerate its “555 Million Plan,” an initiative aiming to acquire up to 210,000 BTC—equivalent to 1% of the Bitcoin supply—by the end of 2027. Recent progress indicates holdings have already risen to 11,111 BTC, valued over $1.1 billion.
Diversifying Strategy with a Focus on Key U.S. Markets
Located in Florida, Metaplanet Treasury Corp. launched in May 2025, strategically positioning the company within a jurisdiction gaining recognition as crypto-friendly. The global investment firm appears keen to leverage the U.S.’, particularly the Miami market’, favorable environment for robust Bitcoin infrastructure and sophisticated financial services.
This move is expected to provide Metaplanet with access to vast capital pools, allowing for efficient management and acquisition of large BTC volumes across both exchange platforms and over-the-counter (OTC) markets.
The stated objective from this funding deployment is central to the “555 Million Plan,” initially announced on June 6, 2025. Its goals include purchasing 30,000 BTC by the end of the year, with 210,000 BTC to be acquired over subsequent years. The statement underscored the strategic intent: “This U.S. expansion underscores our determination to establish a globally integrated treasury model.”
The firm further commented, “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.”
Market Reaction and Broader Trend
The injection of capital immediately impacted Metaplanet stock prices, contributing to recent volatility: MTPLF shares dropped from $15 to $10.9, while Tokyo-listed shares ended down 5.38%.
Despite the share price correction, institutional interest appears strong, with Citigroup and Capital Group reportedly purchasing 3 million shares this month, signaling confidence in corporate Bitcoin treasury strategies. However, the stock’s premium valuation—pricing Bitcoin at $596k-$760k despite current market prices—has prompted discussion regarding sustainability.
Financially, this isn’t merely opportunistic spending but a core strategic step building a “transparent, efficient and global treasury on bitcoin.” Metaplanet’s stock performance has surged over 2,250% year-to-date, suggesting market enthusiasm for its aggressive Bitcoin focus.
The company’s actions mirror a growing trend among publicly traded firms accumulating Bitcoin, following platforms like BitcoinTreasuries showing holders of over 832,000 BTC by 240 companies globally.
