Particle.news

Download on the App Store

Metaplanet Seeks ¥130 Billion in Overseas Share Sale to Expand Bitcoin Treasury

Shareholders vote Sept. 1 on an overseas placement intended to finance large Bitcoin purchases this fall.

Overview

  • The Tokyo-listed firm proposes raising about ¥130.334 billion (~$880 million) by issuing up to 555 million new shares in an international offering.
  • Roughly ¥123.818 billion is earmarked for Bitcoin purchases scheduled for September–October 2025, with about ¥6.5 billion allocated to its Bitcoin Income Business.
  • The offering would be placed outside Japan, with U.S. sales limited to Qualified Institutional Buyers under Rule 144A, and is subject to shareholder approval on Sept. 1.
  • Metaplanet will suspend the exercise of its 20th, 21st, and 22nd series stock acquisition rights from Sept. 3 to Sept. 30.
  • The stock rose about 6% to 890 yen after the announcement, and the company reported holdings of 18,991 BTC as of Aug. 25.