Categories: Bitcoin Latest News

Metaplanet Plans to Inject $5B Into U.S. Unit to Accelerate Bitcoin Buying Strategy

Metaplanet’s (3350) board of directors has approved a capital injection of up to $5 billion for its U.S. subsidiary, Metaplanet Treasury Corp, in a bid to speed up its bitcoin BTC acquisition strategy.

The Japanese hotel company set up its Florida-based subsidiary on May 1, aimed at expanding its global bitcoin treasury operations.

The contribution is expected to significantly accelerate the implementation of its “555 million plan,” disclosed earlier on June 6, the company said in a statement.

Metaplanet’s strategic objective is to accumulate up to 210,000 BTC by the end of 2027, leveraging the deep capital markets and advanced institutional infrastructure in the U.S. to optimize acquisition and management processes.

This U.S. expansion aligns with the company’s broader vision to establish a globally integrated treasury model that supports shareholder value, improves treasury yield efficiency and strengthens its leadership in bitcoin capital markets.

The funding for this contribution will come from exercising the 20th to 22nd series of stock acquisition rights, and all proceeds will be directed toward additional bitcoin purchases. Importantly, there is no change to the previously disclosed intended use of funds.

The financial impact on the company’s current fiscal year results is expected to be minimal, but Metaplanet has committed to promptly disclosing any material developments.

Shares of the Tokyo-listed Metaplanet, the eighth largest corporate holder of bitcoin with 11,111 BTC, closed 7% lower on Tuesday.

Read more: Metaplanet Buys 1,111 Bitcoin for $117M, Pushes Total Holdings to Over 11K BTC

Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

AI Model Ranks Bitcoin, XRP, And ETH For 2026: Expected Returns And Price Targets

Despite the crypto market’s renewed weakness on Thursday, a new AI-driven market model produced by…

20 minutes ago

Bitcoin’s price action looks dangerously similar to the pattern that sent it crashing to $60,000

The recent price action echoes the November–January pattern, showing weak conviction among the “buy the…

1 hour ago

Morgan Stanley sets MSBT ticker and $1 million seed capital for bitcoin ETF

Morgan Stanley has filed to launch a spot Bitcoin ETF with the ticker MSBT and…

3 hours ago

Bitcoin jumps to $70,800 as oil retreats; ether and XRP lag

Oil prices slipped as major economies announced joint efforts to stabilize energy markets.Read MoreCoinDesk: Bitcoin,…

3 hours ago

BTQ Unveils First Bitcoin Upgrade Testnet Designed To Thwart Quantum Attacks

BTQ Technologies moved a key Bitcoin (BTC) security proposal from theory to practice on Thursday,…

3 hours ago

Bitcoin Price Cools Off — Range Forms Around $70K Support

Bitcoin price started a sharp decline from well above $73,000. BTC is now consolidating and…

5 hours ago