The Japanese investment firm Metaplanet has greenlit a plan to generate 180.3 billion yen ($1.2 billion) through an international share offering, allocating nearly $835 million specifically for Bitcoin acquisitions.
In a filing dated Wednesday, the company intends to issue as many as 555 million new shares, potentially increasing its total outstanding shares from 722 million to approximately 1.27 billion. The price for the share issuance will be finalized between September 9-11, with payments expected to be processed soon after.
Metaplanet indicated that a significant portion of the funds will be utilized for acquiring more Bitcoin (BTC), further enhancing its treasury reserves, which currently hold 18,991 BTC (about $2.1 billion). The firm aims to safeguard against the depreciation of the yen, counter inflationary pressures, and boost corporate value through this strategy.
An additional $440 million is designated for the company’s “Bitcoin Income Business,” which earns revenue by trading covered call options on its BTC assets. The company stated that this initiative is already yielding profits and will be scaled up with the new investment.
Related: Metaplanet, Smarter Web add almost $100M in Bitcoin to treasuries
Part of long-term BTC strategy
This initiative is the latest advancement in Metaplanet’s aggressive Bitcoin-centric strategy, which includes the “21 Million Plan” announced in April and the “555 Million Plan” revealed in June. The firm aims to hold over 210,000 BTC by 2027, representing more than 1% of Bitcoin’s total supply.
The share offering will take place through international placements aimed at institutional investors. According to the filing, this issuance is not registered under the US Securities Act of 1933 and will not be available for public offering in the United States.
“Earlier today, we announced an international offering of new shares,” Metaplanet CEO Simon Gerovich shared on X. “Due to legal limitations, we cannot provide further comments on the offering while it is ongoing,” he elaborated.
Metaplanet CEO announces new share offering. Source: Simon Gerovich
Related: Metaplanet plans to raise additional $3.7B to buy Bitcoin
Metaplanet joins FTSE Japan
Metaplanet has been elevated from a small-cap to a mid-cap stock in FTSE Russell’s September 2025 Semi-Annual Review, achieving inclusion in the FTSE Japan Index due to its impressive performance in Q2.
This advancement will also automatically integrate Metaplanet into the FTSE All-World Index, which encompasses the largest publicly traded firms by market capitalization across various regions, placing it alongside leading global entities.
Magazine: Bitcoin’s long-term security budget problem: Impending crisis or FUD?
