TLDR:
- Metaplanet secures ¥555B to fuel Bitcoin ambitions amid stock rebound.
- Bitcoin proxy Metaplanet wins funding nod; eyes 210K BTC by 2027.
- Metaplanet’s bold Bitcoin bet grows with ¥555B raise and Eric Trump boost.
- Shareholders back Metaplanet’s massive crypto pivot with ¥555B approval.
- After slump, Metaplanet doubles down on Bitcoin with fresh capital injection
Metaplanet gained shareholder approval on Monday to raise up to ¥555 billion through preferred shares. The move aims to strengthen the company’s capital strategy as it continues its aggressive Bitcoin acquisition plan. The stock closed at ¥853.00 on September 2, rising 2.65% after a volatile session.
The company announced an extraordinary general meeting held in Tokyo, which strategic adviser Eric Trump attended. Metaplanet confirmed the vote result on its website on Tuesday, signaling its commitment to new financing strategies. The approval allows the issuance of up to 555 million preferred shares, giving the firm flexibility to tap capital markets.
This development follows a sharp correction in Metaplanet’s share price, which had surged earlier this year. Despite a 55% decline since June 16, the company has retained strong momentum through its Bitcoin-centered strategy. The latest rally may reflect renewed market optimism after the fundraising news.
Metaplanet Advances Bitcoin Strategy With Massive Treasury Ambitions
Metaplanet, known for its pivot from hotel operations to Bitcoin holdings, remains focused on increasing its digital asset reserves. The firm currently holds approximately 20,000 Bitcoin and aims to boost this to 100,000 by the end of 2026. It plans to hold 210,000 Bitcoin by the end of 2027.
Metaplanet has already raised over ¥242 billion in 2025 using a moving strike warrant agreement with Evo Fund. This partnership has been instrumental in helping Metaplanet make large-scale Bitcoin purchases throughout the year. The company temporarily suspended all exercises of Evo’s warrants from September 3 to September 30.
This pause aligns with its pursuit of new funding mechanisms, including the approved preferred shares framework. The company seeks broader financing options as part of its strategy to keep pace with global Bitcoin accumulation. By diversifying its capital tools, Metaplanet aims to manage market cycles more effectively.
Eric Trump Attends Shareholder Vote as WLFI Token Launches
Eric Trump attended the Tokyo meeting as a strategic adviser to Metaplanet, reflecting his growing engagement with cryptocurrency ventures. His appearance coincided with the launch of WLFI, a token from the Trump-backed crypto project World Liberty Financial. WLFI began trading the same day as the shareholder vote.
The timing of Trump’s visit adds visibility to Metaplanet’s global aspirations and its connections to U.S.-based blockchain initiatives. His involvement also highlights the increasing crossover between political figures and digital asset ventures. While symbolic, his attendance may support Metaplanet’s narrative of international reach and strategic ambition.
WLFI’s launch may further boost attention on Metaplanet’s transformation from a domestic hotel operator into a major Bitcoin proxy. Though the stock once traded at an eightfold premium to its Bitcoin assets, that ratio has now dropped. Metaplanet remains firmly committed to leveraging Bitcoin as its core corporate strategy.
