Tokyo-listed Metaplanet has approved a large-scale overseas capital raise as part of its strategy to increase Bitcoin exposure while strengthening its balance sheet. The move reflects growing confidence in Bitcoin as a long-term treasury asset and signals continued corporate interest in digital assets.
Capital Raise Structure and Size
According to regulatory filings Metaplanet plans to raise up to approximately $137 million through a combination of new common shares and stock acquisition rights. The company will issue 24.5 million common shares, generating roughly ¥12.24 billion ($78 million) initially.
In addition, Metaplanet approved 159,440 stock acquisition rights, which could translate into 15.9 million additional shares if exercised, potentially raising another around $56 million. These instruments allow investors to purchase shares later at a predetermined price, limiting immediate dilution.
Metaplanet strategy director Dylan LeClair said ;
Overseas Investor Focus
Both the shares and acquisition rights will be placed privately with overseas investors, broadening the company’s funding base beyond domestic markets.
Metaplanet stated that funds will be used primarily for additional Bitcoin purchases, expansion of its Bitcoin income business, and partial repayment of existing debt. The debt reduction is intended to restore borrowing capacity and maintain flexibility for future financing.
Positioning as a Bitcoin Treasury Company
The company reaffirmed its role as a Bitcoin Treasury Company, citing scarcity, portability, and long-term value preservation. Metaplanet currently ranks among the largest corporate Bitcoin holders globally, reinforcing its Bitcoin-centric capital strategy.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.