The Japanese Investment Company Metaplenet approved a plan to raise 130.3 billion yen ($ 880 million) through an issue of actions abroad, with almost $ 835 million reserved for Bitcoin purchases.
According to a Wednesday presentationThe company plans to issue up to 555 million new shares, which could increase its total shares in circulation of 722 million to approximately 1.27 billion shares. The price of the problem will be determined from September 9 to 11, with payments scheduled to liquidate shortly after.
Metaplenet said that most of the funds will be used to acquire additional bitcoin (BTC), which adds to its existing treasury reserves of 18,991 BTC (valued at around $ 2.1 billion). The company said the strategy is designed to protect against Japan’s weak, mitigate inflation risks and improve corporate value.
Another $ 45 million will be directed to the “Bitcoins Income Business” of the company, which generates income selling purchase options covered in its BTC holdings. The company said the program is already producing profits and will be expanded with the new funds.
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Part of the long -term BTC strategy
The measure is the last step in the aggressive Metaplenet strategy centered in Bitcoin, which includes the “21 million plan” announced in April and the “555 million plan” revealed in June. The company has established the objective of having more than 210,000 BTC by 2027, which represents more than 1% of Bitcoin’s total supply.
The offer will be carried out through institutional investors through abroad. The presentation said that the broadcast was not registered under the Law of Securities of the United States of 1933, and that it will not be publicly offered in the United States.
“We announce an international offer of new actions today,” wrote the CEO of Metaplanet, Simon Gervich, in X. “Due to legal restrictions, we cannot comment on the offer beyond what is in the statement while the ongoing offer,” he added.
Related: Metaplanet plans to raise additional $ 3.7b to buy bitcoin
Metaplenet joins Ftse Japan
Metaplenet has been updated from a small capitalization to a medium capitalization action in the semiannual review of FTSE Russell in September 2025, gaining inclusion in the FTSE Japan index. The measure follows the strong performance of the second quarter of the company.
As a result, Metaplenet will also automatically be added to the FTSE All-World index, which presents the largest public companies for market capitalization in different regions. This will be placed next to the main global players.
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