Japanese investment firm Metaplanet has unveiled an ambitious plan to raise $1.2 billion through an overseas share issuance, with $835 million earmarked for Bitcoin purchases. The move strengthens the company’s position as a major institutional Bitcoin holder and signals its continued commitment to a BTC-focused corporate strategy.
Massive Share Issuance to Fuel Bitcoin Strategy
According to the company’s latest filing, Metaplanet will issue up to 555 million new shares, increasing its total outstanding shares from 722 million to approximately 1.27 billion. The final issue price will be set between September 9 and 11, with payments expected shortly after.
The bulk of the capital will go toward acquiring Bitcoin, expanding Metaplanet’s existing treasury reserves of 18,991 BTC, currently valued at around $2.1 billion. The company emphasized that this approach aims to hedge against Japan’s weakening yen, mitigate inflation risks, and enhance long-term shareholder value.
Related:Metaplanet Buys $11.7M in Bitcoin, Upgraded to FTSE Japan Mid-Cap Index
In addition to direct Bitcoin purchases, Metaplanet will allocate $440 million to its “Bitcoin Income Business.” This program generates revenue through covered call options on its BTC holdings—a strategy the company claims is already profitable and will be scaled further using the newly raised funds.
Part of Long-Term BTC Vision
This capital raise is part of Metaplanet’s broader Bitcoin accumulation plan, which includes the “21 Million Plan” and “555 Million Plan.” The company has set a bold target of holding over 210,000 BTC by 2027, representing more than 1% of Bitcoin’s total supply.
The new shares will be offered through overseas placements to institutional investors. The filing notes that the offering will not be registered under the US Securities Act of 1933 and will not be publicly offered in the United States.
In a separate development, Metaplanet has been upgraded from a small-cap to a mid-cap stock in the FTSE Russell September 2025 Semi-Annual Review, securing inclusion in the FTSE Japan Index. This upgrade also grants the company automatic inclusion in the FTSE All-World Index, placing it among major global corporations.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.