Bitcoin News Today: Bitcoin-Backed Giant Aims to Own 1% of All BTC by 2027

Japan’s Metaplanet Inc. has announced plans to raise $1.2 billion through an overseas share issuance, with approximately $835 million of the proceeds earmarked for Bitcoin purchases and an additional $440 million allocated to expand its Bitcoin income-generating strategies. The company will issue up to 555 million new shares, which could increase its total outstanding shares from 722 million to approximately 1.27 billion. The issue price is scheduled to be determined between September 9 and 11, with settlements to follow shortly thereafter. This initiative marks the latest phase of Metaplanet’s aggressive strategy to position itself as a major corporate Bitcoin holder [1].

The company currently holds 18,991 BTC in its treasury, valued at approximately $2.1 billion. The additional Bitcoin acquisitions are intended to hedge against inflation and a weak yen, while also enhancing corporate value. The expansion of its “Bitcoin Income Business” will focus on covered call options on its BTC holdings, a strategy already proving profitable and set to scale with the new capital [2]. Metaplanet has previously outlined long-term plans, including the “21 Million Plan” and the “555 Million Plan,” with a target of holding more than 210,000 BTC by 2027—representing over 1% of the total supply of Bitcoin [1].

The offering will be conducted through overseas placements to institutional investors and is not registered under the U.S. Securities Act of 1933, meaning it will not be publicly offered in the United States. Metaplanet CEO Simon Gerovich confirmed the international offering on social media, stating that legal restrictions prevent further comment during the ongoing process [1].

In a separate development, Metaplanet has been upgraded from a small-cap to a mid-cap stock in FTSE Russell’s September 2025 Semi-Annual Review. As a result, the company will be added to the FTSE Japan Index, which includes some of the country’s largest publicly traded companies. This inclusion will also grant the firm a position in the FTSE All-World Index, joining major global corporations in one of the most comprehensive equity benchmarks [2].

The decision to pursue overseas share placements follows a decline in Metaplanet’s stock price, which has fallen 53% from its June peak. Previously, the company relied on stock acquisition rights to fund Bitcoin purchases, but shifting market conditions have prompted a move toward diversified financing strategies. The inclusion of preferred shares among the offerings reflects the firm’s evolving capital-raising approach [4].

The offering is being facilitated by Morgan Stanley & Co. International Plc and Cantor Fitzgerald & Co. as bookrunners, indicating strong institutional involvement in the transaction. With a clear focus on Bitcoin and a growing profile in global indices, Metaplanet is reinforcing its role as a key player in the corporate adoption of cryptocurrency [1].

Source:

[1] Metaplanet to Raise $1.2B, $835M for Bitcoin Buys (https://cointelegraph.com/news/metaplanet-raise-1-2b-bitcoin-purchases)

[2] Metaplanet Approves $1.2B Raise, Plans $835M Bitcoin ... (https://bitbo.io/news/metaplanet-bitcoin-raise/)

[3] Strategy adds 3081 bitcoin for $357 million, bringing total ... (https://www.theblock.co/post/368086/strategy-buys-more-bitcoin)

[4] Japan Bitcoin Proxy Seeks $880 Million From Overseas ... (https://www.bloomberg.com/news/articles/2025-08-27/japan-bitcoin-treasury-seeks-880-million-from-overseas-shares)