Market News

Japan's Metaplanet Sets Ambitious Bitcoin Acquisition Strategy with $3.7 Billion Stock Issuance

Tokyo-based Metaplanet, a publicly traded firm specializing in Bitcoin treasury, has announced plans to issue 555 billion Japanese yen, approximately $3.7 billion, in stock to support its Bitcoin accumulation strategy until 2027.

This initiative aims to bolster Metaplanet's objective of acquiring a total of 210,000 BTC by the target year.

The registration for these securities is set to be valid from August 9, 2025, to August 8, 2027, allowing for flexibility in increments based on market conditions.

Notably, this capital raise represents a significant 75% of Metaplanet's current market capitalization, which stands at around 729.45 billion yen.

However, the issuance plan has yet to be finalized, as it requires approval at the Extraordinary General Assembly scheduled for September 1st.

If the proposal to increase the authorized shares from 1.61 billion to 2.723 billion passes, Metaplanet will introduce two new classes of perpetual preferred stock.

Each class, “Class A” and “Class B,” is expected to be valued at 277.5 billion yen and will offer dividends of up to 6%, prioritizing ordinary shareholders.

Current holdings of Metaplanet include 17,132 BTC, with the latest purchase of 780 BTC recorded on July 28.

Based on Bitcoin’s market price of $114,396, these assets are valued at approximately $1.95 billion.

Metaplanet’s ambitious strategy marks a significant move in Japan's cryptocurrency landscape and reflects growing institutional interest in Bitcoin.