Metaplanet prepares up to $531 million to pursue 210,000 BTC goal through share placement and warrants

Metaplanet has arranged a financing package of about $255 million from institutional investors, with attached warrants that could boost the total to roughly $531 million for its long-term bitcoin strategy. The Tokyo-listed firm plans to use up to 56.9 billion yen for BTC purchases while targeting 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027.