Bitcoin News Today: Japan’s Metaplanet to Raise ¥555 Billion for Bitcoin Expansion via Preferred Shares

Japan-based investment firm Metaplanet has unveiled an ambitious plan to raise up to ¥555 billion ($3.7 billion) through the issuance of perpetual preferred shares. The capital will be used to expand its Bitcoin (BTC) reserves, aiming to accumulate 210,000 BTC by 2027. The strategy, modeled after MicroStrategy’s Bitcoin accumulation approach, positions BTC as a core component of the company’s financial structure [3].

The proposed issuance, which includes two series of preferred shares—Class A and Class B—offers a dividend yield of up to 6%. The capital raise is structured as a shelf registration, valid between August 9, 2025, and August 8, 2027, allowing the company to issue shares in stages based on market conditions [3]. The scale of the operation is unprecedented, as the total raise would constitute nearly 75% of Metaplanet’s current market capitalization of approximately ¥729.45 billion [3].

To facilitate the plan, Metaplanet has proposed increasing its authorized share count from 1.61 billion to 2.723 billion, a change to be voted on at an Extraordinary General Meeting scheduled for September 1 [3]. The preferred shares will offer priority dividend rights over common shares, making them an attractive option for investors seeking stable returns in a low-interest-rate environment [3].

Metaplanet currently holds 17,132 BTC, with the most recent addition of 780 BTC made on July 28. At current prices, its Bitcoin holdings are valued at approximately $1.95 billion [3]. To reach the target of 210,000 BTC, the company still needs to acquire nearly 193,000 additional units.

This move underscores a broader trend among institutional investors to treat Bitcoin as a strategic asset. More than 61 publicly listed companies are now holding 3.2% of all circulating Bitcoin [3]. Metaplanet’s approach reflects a conviction that Bitcoin is emerging as a more robust store of value compared to traditional assets, especially in an environment of macroeconomic uncertainty [1].

While the company has emphasized that “no specific plan for the issuance of preferred shares is currently underway,” the strategic direction is clear: to align the firm’s financial future with Bitcoin’s trajectory [3]. The initiative is not just about following a trend—it marks a fundamental shift in how companies are redefining their treasury policies in the 21st century [3].

Source:

[1] Mitrade https://www.mitrade.com/insights/news/live-news/article-3-1007135-20250802

[2] Yahoo https://finance.yahoo.com/news/metaplanet-plans-3-7b-stock-132255431.html

[3] Bitbo https://bitbo.io/news/metaplanet-bitcoin-stock-issuance/

[4] Yahoo https://finance.yahoo.com/news/public-keys-strategy-eyes-domination-200045426.html