Bitcoin Purchases are taking center stage as Metaplanet unveils an extraordinary plan to raise $880 million through a share offering. This initiative is aimed at significantly expanding their corporate Bitcoin treasury. The Tokyo-listed firm announced on Wednesday that it intends to attract offshore investors with this share issuance.
Metaplanet plans to gather approximately 130 billion yen, equating to $880 million, through an international share offering. Nearly all proceeds will be utilized to purchase Bitcoin over the next two months.
Ambitious Bitcoin Purchases Strategy
According to their filing, Metaplanet has earmarked an estimated 124 billion yen, or roughly $837 million, for purchasing Bitcoin between September and October 2025. An additional 6.5 billion yen ($43.9 million) will support Bitcoin-related financial operations.
This fundraising move is part of a broader $3.7 billion stock issuance strategy extending until 2027. Metaplanet has shown an aggressive approach to acquiring Bitcoin, modeled on successful U.S. corporate strategies.
Expanding Bitcoin Holdings
Earlier this month, Metaplanet disclosed significant Bitcoin purchases: 775 BTC for $93 million and 103 BTC for $11.7 million. These acquisitions have elevated their holdings to one of Asia’s largest corporate Bitcoin treasuries.
As of August 25, Metaplanet holds 18,991 BTC, valued at approximately $2.1 billion. Although detailed pricing and the exact timetable for the share sale remain undisclosed, the company has committed to a September–October window for deploying the funds.
Global Institutional Bitcoin Uptake
This year, institutional Bitcoin uptake has surged worldwide. Public companies collectively hold over 770,000 BTC, as highlighted by data from The Block. Metaplanet executives view Bitcoin as a long-term reserve asset, a perspective increasingly adopted by global corporations.
Leading the charge is Michael Saylor’s Strategy, which boasts a staggering 632,457 BTC, valued at over $70 billion. Their latest acquisition of 3,081 BTC for $357 million underscores the expansive trend among corporate Bitcoin buyers.
This news is provided by The Block, an independent media outlet devoted to delivering timely and impactful crypto industry information. As of November 2023, Foresight Ventures is a significant investor in The Block, reflecting ongoing investment trends in the crypto space. Despite these affiliations, The Block maintains its editorial independence.
