Metaplanet board approves plan to raise $1.2B, earmarks $835M for BTC buys

6 hours ago

Metaplanet volition contented up to 555 cardinal caller shares, with astir of the $1.2 cardinal raised directed toward Bitcoin purchases and income strategies.

Metaplanet committee  approves program  to rise  $1.2B, earmarks $835M for BTC buys

Japanese concern institution Metaplanet approved a program to rise 180.3 cardinal yen ($1.2 billion) done an overseas stock issuance, with astir $835 cardinal acceptable speech for Bitcoin purchases.

According to a Wednesday filing, the institution plans to contented up to 555 cardinal caller shares, which could summation its full outstanding banal from 722 cardinal to astir 1.27 cardinal shares. The contented terms volition beryllium determined Sept. 9-11, with payments scheduled to settee soon after.

Metaplanet said the bulk of the funds volition spell toward acquiring further Bitcoin (BTC), adding to its existing treasury reserves of 18,991 BTC (valued astatine astir $2.1 billion). The institution said the strategy is designed to support against Japan’s anemic yen, mitigate ostentation risks and heighten firm value.

A further $440 cardinal volition beryllium directed into the firm’s “Bitcoin Income Business,” which generates gross by selling covered telephone options connected its BTC holdings. The institution said the programme is already producing nett and volition beryllium expanded with the caller funds.

Related: Metaplanet, Smarter Web adhd astir $100M successful Bitcoin to treasuries

Part of semipermanent BTC strategy

The determination is the latest measurement successful Metaplanet’s assertive Bitcoin-focused strategy, which includes the “21 Million Plan” announced successful April and the “555 Million Plan” revealed successful June. The institution has acceptable a people of holding much than 210,000 BTC by 2027, representing implicit 1% of Bitcoin’s full supply.

The offering volition beryllium conducted done overseas placements to organization investors. The filing said that the issuance was not registered nether the US Securities Act of 1933, and volition not beryllium publically offered successful the United States.

“We announced an planetary offering of caller shares earlier today,” Metaplanet CEO Simon Gerovich wrote connected X. “Due to ineligible restrictions, we cannot remark connected the offering beyond what is successful the merchandise portion the offering successful ongoing,” helium added.

Metaplanet CEO announces caller stock offering. Source: Simon Gerovich

Related: Metaplanet plans to rise further $3.7B to bargain Bitcoin

Metaplanet joins FTSE Japan

Metaplanet has been upgraded from a small-cap to a mid-cap banal successful FTSE Russell’s September 2025 Semi-Annual Review, earning inclusion successful the FTSE Japan Index. The determination follows the company’s beardown Q2 performance.

As a result, Metaplanet volition besides beryllium automatically added to the FTSE All-World Index, which features the largest publically traded companies by marketplace capitalization crossed antithetic regions. This volition spot it alongside large planetary players.

Magazine: Bitcoin’s semipermanent information fund problem: Impending situation oregon FUD?

View source