Metaplanet to Raise ¥204.1B (US$1.37B) in Stock Offering to Buy Bitcoin and Expand 20,000 BTC Treasury

Metaplanet on September 10 announced an international stock offering to raise approximately 204.1 billion yen (about $1.366 billion), issuing 385 million new shares at ¥614 per share with a 9.93% discount, which will increase shares outstanding to roughly 1.141 billion. The transaction is presented as a strategic capital raise to support balance-sheet objectives and expand the company’s Bitcoin allocation.

Management disclosed that proceeds will be deployed mainly for Bitcoin purchases (~183.7 billion yen) and to scale its Bitcoin-related revenue business (~20.4 billion yen). Metaplanet reported holding 20,000 BTC (market value ~3.22 trillion yen as of Sept. 1) and noted related revenue of 109.4 billion yen in Q2 FY2025, stating the capital raise will further bolster its long-term BTC position and corporate competitiveness.