Metaplanet has increased its international share of 180 million to 385 million shares, which yields around $ 1.4 billion to finance extra Bitcoin (BTC) purchases.
The company announced on September 9 That it had increased the supply by 205 million shares in response to a strong demand from investors, whereby the shares were each priced at 553 yen ($ 3.75) with a discount of 9.93% compared to the reference price of 614 Yen ($ 4.16).
The extensive range will increase the total outstanding shares of metaplanet from 755.9 million to 1.14 billion shares. President Simon Gerovich confirmed the completion On social media.
Metaplanet is planning to allocate 183.7 billion yen ($ 1.25 billion) for Bitcoin purchases and 20.4 billion yen ($ 138.7 million) for its Bitcoin income generation activities between September and December.
The financing supports Metaplanet’s plan to acquire 210,000 Bitcoin by 2027, which represents approximately 1% of Bitcoin’s total supply.
Metaplanet currently has 20,136 Bitcoin with a value of more than $ 2.24 billion, making it the largest Bitcoin holder in Asia and the sixth largest worldwide worldwide, surpassed from Oproerplatforms.
The company took over 1,145 BTC in September for around $ 127.2 million.
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Transition to a new business model
Metaplanet has taken Bitcoin as its primary treasury reserve assets to cover themselves against these risks and at the same time pursue capital valuation in the long term.
The company unveiled its transition to Bitcoin Treasury Management in May 2024 as part of its policy “Strategic Treasury Transformation and Bitcoin Adoption”.
The Bitcoin income from Metaplanet recorded 1.904 million yen (almost $ 13 million) in the turnover turnover in the second quarter of the tax year 2025.
The share offer structure includes the purchase rights of the underwriter for a maximum of 375 million shares, with a further 180 million shares available through overall options. The final regulation and delivery are planned between 16 and 17 September.
The aggressive Bitcoin -accumulation strategy of the company positions it under a growing number of companies that are assuming as a Treasury activ, according to the path determined by strategy and other institutional adopters in the cryptocurrency space.
