Metaplanet shares surge 22% after bold $5.4 billion Bitcoin acquisition plan

Metaplanet shares skyrocketed in early trading after the company announced an ambitious plan to purchase $5.4 billion worth of Bitcoin, aiming to accumulate 210,000 BTC by 2027. If successful, this would position Metaplanet as the second-largest corporate holder of Bitcoin, trailing only MicroStrategy.

The news sent Metaplanet’s shares soaring, with an intraday peak of 1,641 yen ($11.36), marking a 22% surge. The stock has climbed 24% in the past five days, reflecting strong investor confidence in the firm’s Bitcoin strategy.

Metaplanet shares rally as Bitcoin bet expands

The latest surge in Metaplanet shares follows the company’s updated acquisition target, which now stands at 210,000 BTC, a tenfold increase from its previous goal of 21,000. Analysts suggest this aggressive move signals a long-term bullish stance on Bitcoin as a treasury reserve asset.

“Metaplanet’s shares are reacting to the firm’s conviction in Bitcoin’s value proposition,” said market strategist Hiroshi Tanaka. “This isn’t just a speculative play—it’s a strategic shift in corporate treasury management.”

According to Google Finance, Metaplanet holds 8,888 BTC after its latest purchase of 1,088 BTC earlier this month. To meet its new target, the company must acquire an additional 201,112 BTC, requiring an estimated $21 billion at current prices.

Why Metaplanet shares are attracting investors

The dramatic rise in Metaplanet shares highlights a growing trend of corporations adopting Bitcoin as a hedge against inflation and currency devaluation. Since first announcing its Bitcoin purchases in July 2024, Metaplanet’s stock has surged an astonishing 1,744%, outperforming traditional asset classes.

Other firms have seen similar boosts. Paris-based Blockchain Group’s stock jumped 225% after its Bitcoin acquisition, while Indonesia’s DigiAsia Corp spiked 91% on news of a planned $100 million Bitcoin purchase.

However, not all companies have benefited. Norwegian brokerage K33 saw no significant price movement after its Bitcoin announcement, and GameStop’s stock dipped 11% following its first BTC purchase.

Can Metaplanet’s shares sustain the momentum?

While Metaplanet shares are riding high, skeptics question whether the company can execute its massive Bitcoin accumulation plan. The $21 billion price tag is substantial, and market volatility could impact funding strategies.

Still, Metaplanet’s aggressive stance aligns with a broader corporate trend. According to Bitbo data, public companies now hold over 3 million BTC, worth $342 billion, accounting for 3.2% of Bitcoin’s total supply.

MicroStrategy remains the leader, with over 1 million BTC, but if Metaplanet succeeds, it could reshape the corporate Bitcoin landscape.

What’s next for Metaplanet shares?

Investors will watch closely as Metaplanet executes its buying strategy. The company’s ability to secure funding and manage Bitcoin’s price fluctuations will be critical in determining whether Metaplanet’s shares maintain their upward trajectory.

For now, the market’s reaction is clear: Metaplanet shares are a hot commodity, fueled by one of the boldest Bitcoin bets in corporate history.