Bitcoin News Today:

Generated by AI AgentCoin World
Tuesday, Sep 2, 2025 10:33 am ET1min read
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Aime RobotAime Summary

- Metaplanet secured ¥555B ($3.7B) shareholder approval to issue preferred shares for Bitcoin accumulation, aiming to quintuple holdings to 100,000 by 2026.

- Dual-class structure includes fixed-dividend Class A shares and conversion-eligible Class B shares to attract diverse investors while limiting dilution.

- Now sixth-largest corporate Bitcoin holder with 20,000 coins ($2.2B), the raise positions it to maintain competitive edge in institutional crypto markets.

- Share price volatility (down 55% from June peak) and temporary warrant suspensions highlight capital structure adjustments to prioritize Bitcoin acquisition.

Metaplanet Inc., a Japanese firm that has pivoted to a Bitcoin-focused strategy, secured shareholder approval to raise up to ¥555 billion ($3.7 billion) through the issuance of preferred shares, a move aimed at accelerating its

Bitcoin
accumulation efforts. The approval was announced by the company’s president, Simon Gerovich, via social media after an extraordinary general meeting held in Tokyo on September 2. The shareholder authorization expands the firm’s capital-raising tools following a decline in its stock price, which has fallen 55% since hitting a high on June 16.

The company is authorized to issue 555 million preferred shares, which will be structured into two classes. Class A shares will feature fixed dividends for income-focused investors, while Class B shares will carry the potential to convert into common stock, offering upside if Metaplanet’s Bitcoin acquisition strategy succeeds. This dual-class structure is intended to attract a broader range of investors while protecting existing shareholders from excessive dilution. The plan also aligns with the company’s broader objective to quintuple its Bitcoin holdings from approximately 20,000 to 100,000 by the end of 2026 and reach 210,000 by the end of 2027.

To support this goal, Metaplanet has already raised over ¥242 billion this year through a warrant agreement with investment firm Evo Fund. However, the company has temporarily suspended warrant exercises between September 3 and 30 to explore additional capital-raising mechanisms. On August 1, it announced plans to secure $3.7 billion in funding to fund its Bitcoin acquisition targets. The shareholder approval on Monday marked a critical step in removing internal governance hurdles, although the board still needs to finalize issuance terms and file with Japanese regulators before the raise can proceed.

Metaplanet’s share price has been volatile in recent months, rising 445% from the start of 2025 before reversing into a decline. As of September 3, its stock traded at about $5.74, and the company’s market value now stands at roughly twice the value of its Bitcoin holdings. The firm has also temporarily paused some of its previous fundraising instruments, including the strike warrants with Evo Fund, to streamline its capital structure and focus on the preferred shares.

The company’s Bitcoin strategy has positioned it as one of the largest institutional holders in the world. On September 2, Metaplanet added 1,009 Bitcoin to its portfolio, raising its total holdings to 20,000 coins, valued at approximately $2.2 billion at current prices. This places the company as the sixth-largest corporate Bitcoin holder globally, according to available data. The capital raise will likely be critical in maintaining its position in the competitive landscape of institutional Bitcoin buyers.

Source:

[1] Metaplanet Holders Approve New Funding Tools to Buy ... (https://www.bloomberg.com/news/articles/2025-09-02/metaplanet-holders-approve-fresh-funding-tools-to-buy-bitcoin-mf1zcapa)

[2] Metaplanet clears path for $3.7B Bitcoin accumulation ... (https://cointelegraph.com/news/metaplanet-shareholder-approval-bitcoin-funding-3-7b-raise)