Key Highlights:
  • Metaplanet will raise $880 million through a share sale to buy more bitcoin.

  • The Tokyo-listed firm already holds nearly 19,000 BTC.

  • Purchases are scheduled between September and October 2025.

The Fundraising Plan

Metaplanet announced plans to raise 130 billion yen ($880 million) through an international share offering, with almost all proceeds earmarked for bitcoin purchases over the next two months. About $44 million will support bitcoin-related operations.

Metaplanet’s Bitcoin Treasury

Following recent acquisitions, Metaplanet holds 18,991 BTC worth more than $2.1 billion. The company is pursuing one of the largest corporate bitcoin treasury strategies in Asia, modeled after U.S. pioneers such as Michael Saylor’s Strategy.

Broader Context

Public companies collectively hold more than 775,000 BTC worldwide, reflecting growing institutional adoption. Strategy remains the largest corporate holder with over 632,000 BTC. Metaplanet’s latest offering builds on its longer-term plan to raise $3.7 billion for bitcoin purchases by 2027.

Read the full article on theblock.