Japan-based Metaplanet aims to raise $880M from overseas investors for Bitcoin buying spree

Japanese Bitcoin treasury institution Metaplanet has unveiled plans to rise implicit JPY 130 cardinal (equivalent to astir $880 million) done an planetary stock sale, with astir of the proceeds earmarked for caller Bitcoin purchases.

The steadfast disclosed connected Aug. 27 that its committee approved the issuance of up to 555 cardinal caller shares. If shareholders endorse the connection astatine the Sept. 1 meeting, Metaplanet’s outstanding banal would emergence from 722 cardinal to astir 1.27 cardinal shares.

The offering volition beryllium conducted exclusively successful overseas markets, with US income constricted to Qualified Institutional Buyers nether Rule 144A of the Securities Act of 1933.

The Japan-based steadfast said the determination is designed to broaden the capitalist basal beyond the Asian state by attracting semipermanent organization superior and improving liquidity successful planetary markets.

Bitcoin purchases

Metaplanet plans to usage astir JPY 123.8 cardinal (approximately $835 million) raised from the upcoming funds to get Bitcoin betwixt September and October 2025.

The steadfast executives said the extremity is to grow the company’s Bitcoin nett plus worth (BTC NAV), which serves arsenic the instauration for its preferred shares, portion maximizing BTC per stock and wide yield.

The Tokyo-listed steadfast already ranks arsenic the seventh-largest firm Bitcoin holder, with 18,991 BTC valued astatine astir $2.1 billion, according to Bitcoin Treasuries data.

Its accumulation strategy, archetypal adopted successful April 2024, has steadily transformed the institution into a determination counterpart to US-based Strategy (formerly MicroStrategy).

Beyond nonstop purchases, Metaplanet volition nonstop JPY 6.5 cardinal (equivalent to $44 million) into its “Bitcoin Income Business,” which generates returns by selling covered telephone options and expanding enactment enactment enactment connected its holdings.

The programme is already profitable, and the institution expects the infusion to standard operations done December 2025.

By combining assertive accumulation with income-generating strategies, Metaplanet is betting connected Bitcoin not lone arsenic a reserve plus but besides arsenic a root of ongoing currency flow.

This attack underlines the firm’s ambition to cement a treasury-first model, deepen ties with planetary organization investors, and physique a much resilient fiscal basal for semipermanent growth.

The station Japan-based Metaplanet aims to rise $880M from overseas investors for Bitcoin buying spree appeared archetypal connected CryptoSlate.