- Metaplanet is raising $881M to buy more Bitcoin, boosting its holdings and protecting against Japan’s weak yen and inflation risks.
- The company also set aside $440M to expand its Bitcoin income business, showing bold moves to profit from its crypto reserves.
- Metaplanet’s inclusion in global indexes strengthens its profile, while it continues buying Bitcoin steadily to reach its 2027 target.
Metaplanet has moved to strengthen its Bitcoin holdings, approving a major $881 million capital raise through overseas share issuance.
The Japanese investment firm aims to secure nearly $835 million of that sum for fresh Bitcoin purchases. This move highlights its determination to defend against Japan’s weak yen, mitigate inflation pressures, and enhance corporate value.
The company will issue up to 555 million new shares between September 9 and 11. Consequently, its total outstanding shares could expand from 722 million to 1.27 billion.
Metaplanet already holds 18,991 BTC worth roughly $2.1 billion. With this raise, it continues its bold “21 Million Plan” and “555 Million Plan” strategies to accumulate over 210,000 BTC by 2027.
Strategic Focus on Bitcoin Expansion
Besides direct purchases, Metaplanet allocated $440 million to its Bitcoin Income Business. This unit generates revenue by selling covered call options against its BTC reserves. The firm revealed that this strategy is already profitable and will expand with additional funding. Hence, it shows a rare mix of corporate innovation and crypto accumulation.
Additionally, the fundraising aligns with Metaplanet’s upgraded position in FTSE Russell’s September review. The company moved from small-cap to mid-cap status, earning inclusion in the FTSE Japan Index. Moreover, it will now feature in the FTSE All-World Index alongside leading global corporations. These milestones further boost its institutional visibility.
Market Context and Institutional Impact
However, Metaplanet’s share price momentum has cooled compared to its earlier relentless climbs. The pace of acquisitions is slower, yet the firm continues buying during dips. Consequently, it remains one of the largest institutional Bitcoin holders.
Moreover, the broader landscape shows only a few major buyers like Metaplanet and Strategy actively adding BTC. Yet, smaller companies are still entering, raising the bar for treasury ownership. The cutoff for the top 100 holders recently climbed from 40 BTC to 50 BTC.
CEO Simon Gerovich stressed compliance by stating, “We announced an international offering of new shares earlier today.” He added that legal restrictions prevent further comment while the offering is ongoing.
Metaplanet’s strategy reflects a growing wave of institutional adoption. With clear goals and strong funding, it positions itself as a key driver in Bitcoin’s next growth phase.
