Metaplanet Plans $3.7B Stock Raise to Fuel Massive Bitcoin Buying Spree
The post Metaplanet Plans $3.7B Stock Raise to Fuel Massive Bitcoin Buying Spree appeared on BitcoinEthereumNews.com.
In brief Japanese investment firm Metaplanet has filed to raise $3.7 billion through preferred shares to fund Bitcoin purchases toward 210,000 BTC goal by 2027. The proposed offering represents 75% of its current market cap and requires shareholder approval on September 1. Metaplanet cautioned that no specific issuance plan exists yet, with Bitcoin trading rangebound amid institutional accumulation. Metaplanet announced Friday it has filed to raise $3.7 billion (¥555 billion) through a massive stock offering to fund one of Asia’s largest corporate Bitcoin accumulation strategies. The Tokyo-listed investment firm filed a shelf registration effective from August 9, 2025 until August 8, 2027, allowing it to issue securities in portions when market conditions align. *Metaplanet Announces EGM Agenda: Proposes Authorization of Perpetual Preferred Stock—Class A (Senior, Non-Convertible) and Class B (Convertible); Files ¥555 Billion Shelf Registration for Potential Issuance* pic.twitter.com/3rYog0IpGY — Metaplanet Inc. (@Metaplanet_JP) August 1, 2025 The proposed raise represents approximately 75% of Metaplanet’s current market capitalization of $4.9 billion (729.45 billion yen). “The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’” Metaplanet said in the filing. “We believe that introducing Bitcoin-backed preferred shares represents a pioneering effort to fill this gap.” This capital-raising effort supports Metaplanet’s previously announced goal of accumulating 210,000 BTC by the end of 2027, a target that would require the company to increase its current holdings more than twelvefold. The company currently holds 17,132 BTC worth over $1.97 billion at a price of $114,396, following its most recent purchase of 780 BTC on July 28. The proposal involves establishing two new classes of perpetual preferred shares, Class A and Class B, each with potential issuance values of $1.9 billion (277.5 billion yen). These shares would offer dividend payouts up to 6% annually, taking priority over common shareholders, with all proceeds…
Filed under: News - @ August 1, 2025 9:26 pm