Japanese Investment Company Metaplanet approved a plan to raise 180.3 billion yen ($ 1.2 billion) by a release abroad, with nearly $ 835 million reserved for Bitcoin purchases.
According to a Wednesday FileThe company plans to issue up to 555 million new shares, which can increase the total remaining stock from 722 million to about 1.27 billion shares. The price of the issue will determine September 9-11, with payments that are set to settle down shortly.
Metaplanet said most of the funds are going to get further bitcoin (Btc), adding to the existing Treasury reserve of 18,991 BTC (worth about $ 2.1 billion). The company said the approach was designed to protect against Japan’s weak yen, reduce inflation risks and enhance corporate value.
An additional $ 440 million will be directed to the “Bitcoin Income Business,” which generates revenue by selling BTC Holdings calling options. The company said the program is already making revenue and will be expanded with new funds.
Related: Metaplanet, smarter web add nearly $ 100m to bitcoin to treasures
Part of the long -term approach to BTC
The move is the latest step in the aggressive approach dedicated to Bitcoin Metaplanet, which includes the “21 million plans” announced in April and the “555 million plans” revealed in June. The company has set a target to hold more than 210,000 BTC by 2027, representing more than 1% of the total Bitcoin supply.
The offer will be made through overseas placements to institutional investors. The filing said the release was not registered under the US Securities Act of 1933, and would not be publicly issued in the United States.
“We have announced a international offer of new shares earlier,” metaplanet CEO Simon Gerovich wrote to X. “Due to legal restrictions, we cannot comment on the offer beyond what comes out while the offer is ongoing,” he added.
Related: Metaplanet plans to raise an additional $ 3.7B to buy Bitcoin
Metaplanet joins FTSE Japan
Metaplanet is upgraded from a small cap to a mid-cap stock on FTSE Russell’s September 2025 semi-year analysis, earn a companionship with the FTSE Japan Index. The move follows the company’s strong Q2 performance.
As a result, metaplanet will be added automatically to the FTSE All-World Index, which features the largest company that has been publicly exchanged through market capitalization in different regions. It will be placed next to the major global players.
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