Metaplanet shareholders have approved a series of equity-related proposals designed to help the company raise additional capital for further Bitcoin (BTC) purchases, as it advances toward its ambitious goal of holding 210,000 BTC by the end of 2027.
The approved proposals give Metaplanet greater flexibility to conduct equity financing activities, enabling the company to tap capital markets when conditions are favorable. While specific issuance schedules and amounts have not yet been disclosed, the measures are intended to support a long-term Bitcoin accumulation strategy.
Company disclosures and filings:
https://www.metaplanet.co.jp/
Metaplanet’s stated objective—to hold 210,000 BTC within the next few years—would place it among the largest corporate Bitcoin holders globally if achieved. The target represents roughly 1% of Bitcoin’s total capped supply of 21 million BTC, underscoring the scale of the company’s strategy.
More on Bitcoin’s fixed supply:
https://bitcoin.org/bitcoin.pdf
Metaplanet’s approach reflects a broader trend of companies adopting Bitcoin-centric treasury strategies, using equity issuance as a mechanism to convert fiat capital into BTC. Advocates argue this provides shareholders with indirect exposure to Bitcoin, while critics point to dilution and execution risk.
Bitcoin treasury data and rankings:
https://bitcointreasuries.net/
If executed successfully, continued equity-backed BTC purchases by Metaplanet could:
However, analysts caution that such strategies remain sensitive to BTC price volatility, capital market conditions, and shareholder appetite for dilution.
With shareholder approval secured, Metaplanet now has the structural tools needed to pursue its aggressive Bitcoin accumulation plan. Investors and market participants will closely watch how quickly the company deploys capital and whether it can maintain momentum toward its 210,000 BTC target by 2027.

