Japanese Bitcoin treasury firm Metaplanet has unveiled plans to boost over JPY 130 billion (equal to round $880 million) by way of a global share sale, with a lot of the proceeds earmarked for brand new Bitcoin purchases.
The agency disclosed on Aug. 27 that its board authorised 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 will probably be carried out completely in abroad markets, with US gross sales restricted to Certified Institutional Consumers underneath 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 world markets.
Bitcoin purchases
Metaplanet plans to make use of roughly JPY 123.8 billion (roughly $835 million) raised from the upcoming funds to accumulate Bitcoin between September and October 2025.
The agency executives stated the purpose is to increase the corporate’s Bitcoin web asset worth (BTC NAV), which serves as the inspiration for its most popular shares, whereas maximizing BTC per share and general yield.
The Tokyo-listed agency already ranks because the seventh-largest company Bitcoin holder, with 18,991 BTC valued at about $2.1 billion, based on Bitcoin Treasuries knowledge.
Its accumulation technique, first adopted in April 2024, has steadily remodeled 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 possibility exercise on its holdings.
This system is already worthwhile, and the corporate expects the infusion to scale operations by way 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 movement.
This strategy underlines the agency’s ambition to cement a treasury-first mannequin, deepen ties with world institutional buyers, and construct a extra resilient monetary base for long-term progress.