Metaplanet, a prominent Japan-based Bitcoin treasury firm, is witnessing a significant resurgence, fueled by ambitious capital plans and a strong belief in Bitcoin's future growth. Recent analyst projections paint an incredibly bullish picture for the company's stock, suggesting massive upside potential as it positions itself to become a major Bitcoin holder.
Aggressive Bitcoin Accumulation & Stock Projections
Financial analysts are forecasting extraordinary growth for Metaplanet's stock, particularly its MPJPY offering. Hermes Lux, a Bitcoin treasury firm analyst, projects a staggering 1500% rally by the end of 2027, with a 402% upside potential for 2026. These targets are contingent on Bitcoin's consistent annual growth and Metaplanet's commitment to aggressively scale its holdings to 100,000 BTC by 2026, further doubling to 210,000 BTC by 2027. This optimistic outlook is echoed by other analysts, like Adam Livingston, who sees Metaplanet's new strategies as "incredible catalysts," contributing to a robust recovery in its mNAV (a metric tracking crypto holdings value relative to enterprise value).
Strategic Capital Raising and Market Performance
The renewed bullish sentiment stems from Metaplanet shareholders' recent approval of capital raising plans, which include provisions for preferred stock dividends. Similar to MicroStrategy, Metaplanet leverages share sales and credit to fund its Bitcoin acquisitions, but distinguishes itself with a commitment to aggressive share buybacks without divesting its Bitcoin holdings. This strategic move, combined with a recent $400 million capital raise, signals an intent for significant Bitcoin purchases starting in 2026. After surpassing its initial 30,000 BTC target, the firm currently holds 30,823 BTC and aims to add an additional 70,000 BTC in the coming year, underscoring its unwavering long-term vision.
