Nakamoto, a subsidiary of Nasdaq-listed healthcare company KindlyMD, has committed up to $30 million to Metaplanet‘s global stock offering, representing the subsidiary’s largest recorded equity investment and its first allocation to an Asian public company adopting a Bitcoin treasury strategy.

Metaplanet stated on Tuesday it intends to issue 3.85 billion new shares to raise approximately $1.4 billion, with the company attributing proceeds to its disclosed Bitcoin accumulation strategy via the planned equity issuance.

On August 27, KindlyMD announced plans to issue $5 billion in stock to expand its Bitcoin treasury operations, a capital-raising step that aligns with the group’s publicly stated objectives to fund corporate cryptocurrency allocations.