Metaplanet confirmed it will raise 130.3 billion yen ($880 million) through an overseas share issuance. The filing on Wednesday stated that the company will issue up to 555 million new shares, which could expand its outstanding stock from 722 million to about 1.27 billion shares.
Metaplanet Share Issuance Notice. Source: Metaplanet Inc. (X / @Metaplanet_JP)
The share issue price will be set between September 9 and 11, with payments to be completed soon after. The company specified that most of the funds will be used for Metaplanet Bitcoin purchases.
The overseas placements are directed at institutional investors. The filing clarified that the issuance is not registered under the US Securities Act of 1933 and will not be offered in the United States.
$835M Reserved for Metaplanet Bitcoin Treasury
From the $880 million raised, $835 million will be allocated to increase the Metaplanet Bitcoin treasury. The company already holds 18,991 BTC, worth about $2.1 billion at current market value.
According to the filing, the purpose of the Bitcoin purchases is to protect against the impact of the weak yen and inflation. The firm added that these treasury actions are part of its long-term balance sheet strategy.
This follows earlier initiatives known as the “21 Million Plan” announced in April and the “555 Million Plan” revealed in June. Both programs set out Metaplanet’s target of holding more than 210,000 BTC by 2027, equal to over 1% of Bitcoin’s total supply.
Expansion of Bitcoin Income Business
Alongside the Bitcoin accumulation, $45 million will be directed to the Metaplanet Bitcoin Income Business. This program generates revenue by selling covered call options on its Bitcoin holdings.
The company explained that the income business is already operational and producing profit. With the new funds, Metaplanet will expand this segment as part of its broader Bitcoin strategy.
The Metaplanet Bitcoin Income Business has been positioned as a parallel activity that leverages existing reserves while adding a consistent revenue stream.
Statement From Metaplanet CEO
Metaplanet CEO Simon Gerovich confirmed the offering through a statement on X.
“We announced an international offering of new shares earlier today. Due to legal restrictions, we cannot comment on the offering beyond what is in the release while the offering is ongoing,” he wrote.
His statement followed the official filing and reiterated that the issuance process will be conducted strictly under the outlined legal framework.
Metaplanet Joins FTSE Japan Index
The announcement also came after FTSE Russell upgraded Metaplanet in its September 2025 Semi-Annual Review. The company advanced from a small-cap to a mid-cap stock, securing its inclusion in the FTSE Japan Index.
With this classification, Metaplanet will also be added to the FTSE All-World Index, which tracks the largest publicly traded firms across regions.
The FTSE upgrade followed Metaplanet’s strong Q2 financial performance and marks another development in its Metaplanet Bitcoin treasury strategy.
