Japanese Company Plans to Sell $1.2 Billion Worth of Shares to Buy More Bitcoin
Japanese investment firm Metaplanet is stepping up its Bitcoin-first strategy, announcing a bold plan to raise $1.2 billion through an international stock offering, with $835 million of that going toward buying more Bitcoin to cement its position in the digital asset space.
The move shows Metaplanet's growing confidence in Bitcoin and its strategy to strengthen its position in the digital asset space.
Metaplanet plans to raise $1.2 billion
In a recent tweet, Metaplanet announced that it would issue up to 555 million new shares, which would raise the company’s total stock from 722 million to about $1.27 billion. The pricing for those shares will be finalized between September 9 and 11, with settlements taking place shortly thereafter.
The move builds on Metaplanet’s reputation as one of the most active Bitcoin investors in Asia.
However, the bulk of this amount, approximately 123.818 billion yen ($837 million), will be used to purchase additional Bitcoin between September and October 2025. The remaining 6.516 billion yen ($44 million) will be earmarked for Bitcoin-related financial activities, giving the company flexibility in managing its growing cryptocurrency portfolio.
Besides buying Bitcoin
Not all of the money raised will be invested directly in Bitcoin. About $440 million will be used to support the company’s “Bitcoin Income Business,” which makes money by selling covered call options on the company’s BTC holdings.
Why Bitcoin?
Metaplanet’s leadership has made its motivations clear. With the Japanese yen weakening and inflationary pressures rising, the company sees Bitcoin as a safe haven investment and a long-term store of value.
The company also believes that this strategy will enhance shareholder value over time, in line with the company’s ambitious “Plan 21 Million” and “Plan 555 Million,” which aim to secure over 210,000 BTC by 2027.
As of August 25, 2025, the company held nearly 18,991 Bitcoins , worth 314.6 billion yen (about $2.11 billion). This makes the company one of the largest Bitcoin holders in Japan.
Metaplanet shares up 5.7%
Metaplanet shares reacted positively to the announcement. Shares rose 5.7% to close at 890 yen immediately after news of the fundraising.
The fundraising comes at a pivotal time for Metaplanet, which was recently upgraded from small-cap to mid-cap in FTSE Russell’s September 2025 review, securing a spot in the FTSE Japan Index.