Japanese Bitcoin treasury firm Metaplanet has unveiled plans to boost over JPY 130 billion (equal to round $880 million) by means of a global share sale, with many of the proceeds earmarked for brand spanking new Bitcoin purchases.
The agency disclosed on Aug. 27 that its board permitted the issuance of as much as 555 million new shares. If shareholders endorse the proposal on the Sept. 1 assembly, Metaplanet’s excellent inventory would rise from 722 million to about 1.27 billion shares.
The providing might be carried out completely in abroad markets, with US gross sales restricted to Certified Institutional Patrons beneath Rule 144A of the Securities Act of 1933.
The Japan-based agency stated the transfer is designed to broaden the investor base past the Asian nation by attracting long-term institutional capital and enhancing liquidity in international markets.
Bitcoin purchases
Metaplanet plans to make use of roughly JPY 123.8 billion (roughly $835 million) raised from the upcoming funds to amass Bitcoin between September and October 2025.
The agency executives stated the objective is to increase the corporate’s Bitcoin internet asset worth (BTC NAV), which serves as the inspiration for its most well-liked shares, whereas maximizing BTC per share and total yield.
The Tokyo-listed agency already ranks because the seventh-largest company Bitcoin holder, with 18,991 BTC valued at about $2.1 billion, in line with Bitcoin Treasuries knowledge.
Its accumulation technique, first adopted in April 2024, has steadily reworked the corporate right into a regional counterpart to US-based Technique (previously MicroStrategy).
Past direct purchases, Metaplanet will direct JPY 6.5 billion (equal to $44 million) into its “Bitcoin Revenue Enterprise,” which generates returns by promoting coated name choices and increasing put choice exercise on its holdings.
This system is already worthwhile, and the corporate expects the infusion to scale operations by means of December 2025.
By combining aggressive accumulation with income-generating methods, Metaplanet is betting on Bitcoin not solely as a reserve asset but additionally as a supply of ongoing money stream.
This strategy underlines the agency’s ambition to cement a treasury-first mannequin, deepen ties with international institutional buyers, and construct a extra resilient monetary base for long-term progress.