In a major show of institutional momentum behind Bitcoin treasury strategies, Metaplanet Inc and The Blockchain Group have raised a combined $520 million+ to accelerate their BTC-focused investment models. These bold moves come amid growing adoption of digital assets as corporate treasury instruments across Asia and Europe.
Metaplanet Raises $515 Million in Single-Day Share Issue
Japanese tech and finance firm Metaplanet Inc (3350) has completed the first major tranche of its ambitious 555 Million Plan, raising 74.9 billion yen ($515 million) through the issuance of 54 million shares on Wednesday. The capital raise follows the exercise of 540,000 stock acquisition rights, representing 29% of the rights issued under the plan.
This successful raise accounts for 10% of Metaplanet’s entire treasury expansion goal.
Despite an initial 15% drop in share price on the day, investor sentiment quickly reversed. Metaplanet stock closed up 4%, signaling strong support for the company’s Bitcoin accumulation strategy. CEO Simon Gerovich called it a “strategic milestone” in a public statement on X.
Blockchain Group Adds $4.8 Million Through TOBAM Partnership
Meanwhile, French firm The Blockchain Group (ALTBG) secured €4.1 million ($4.8 million) via an at-the-market equity issuance deal with digital asset investment firm TOBAM. Shares were issued at €5.085 each, helping the company further its mission to increase bitcoin-per-share value on a fully diluted basis.
The Blockchain Group currently holds 1,653 BTC and is the first company in Europe to implement this type of treasury model.
Despite the capital raise, shares in the Euronext Growth Paris-listed firm closed down 3.7% at €4.785, likely due to short-term dilution concerns. However, the company’s focus on long-term BTC accumulation as a core business strategy remains unchanged.
Institutional Bitcoin Adoption Accelerates Globally
These developments mark a continued global trend where publicly traded companies are embracing Bitcoin as a balance sheet asset, with parallel strategies seen in the U.S., Norway, and Japan.
From Metaplanet’s $515M stock-financed BTC war chest to The Blockchain Group’s European treasury expansion, the shift toward digital asset accumulation is gaining traction beyond traditional fintech and crypto startups.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.