Metaplanet to Issue 385 Million New Shares Internationally to Increase Bitcoin Holdings

BlockBeats News, September 10: Metaplanet announced plans to raise approximately ¥204.1 billion (approximately $1.366 billion) through an international issuance of new shares, priced at ¥614 per share with a discount rate of 9.93%. This issuance will add 385 million new shares, bringing the total share count to approximately 1.141 billion shares post-issuance. The raised funds will primarily be used for: - **Purchasing Bitcoin:** Approximately ¥183.7 billion. Since 2024, Metaplanet has adopted Bitcoin as its primary reserve asset to hedge against yen depreciation and inflation risks, while enhancing long-term corporate value. As of September 1, the company holds 20,000 BTC, valued at approximately ¥3.22 trillion. - **Bitcoin-related revenue business:** Approximately ¥20.4 billion will be allocated to expanding revenue-generating operations through Bitcoin options trading. The company achieved ¥109.4 billion in related revenue during the second quarter of fiscal year 2025. Metaplanet stated that it will continue advancing its strategic Bitcoin allocation, leveraging capital fundraising to increase BTC holdings and strengthen long-term corporate competitiveness.