Bitcoin News Today: Metaplanet to Raise 555 Billion Yen for Aggressive Bitcoin Buyout

Metaplanet, a Japan-listed investment firm, has announced plans to raise up to ¥555 billion ($3.7 billion) through the issuance of perpetual preferred shares, with the proceeds intended to significantly boost its Bitcoin holdings. The company aims to increase its BTC treasury from the current 17,132 to 210,000 coins by 2027, marking one of the most aggressive Bitcoin accumulation strategies among public corporations [1]. The initiative reflects a strategic financial decision, positioning Bitcoin as a core element of corporate treasury management, similar to the approach taken by MicroStrategy [2].

The proposed capital raise is structured as a shelf registration, valid from August 9, 2025, to August 8, 2027, allowing Metaplanet to issue shares in multiple tranches depending on market conditions. The plan requires shareholder approval at an Extraordinary General Meeting scheduled for September 1. If approved, the firm intends to increase its authorized share count from 1.61 billion to 2.723 billion and issue two new classes of perpetual preferred shares—Class A and B—which would offer up to 6% dividend priority over common shares [2]. However, the company has emphasized that no specific issuance plan is currently in place and there is no guarantee that the capital raise will proceed [3].

The scale of the proposed raise is substantial, accounting for roughly 75% of Metaplanet’s current market capitalization of 729.45 billion yen. Analysts have noted that this underscores the firm’s aggressive commitment to Bitcoin accumulation, reflecting a bold and long-term investment strategy [3]. CEO Simon Gerovich confirmed the registration filing via the X platform, highlighting the strategic importance of Bitcoin in Metaplanet’s capital structure and future growth [3].

If executed, the expansion would further establish Metaplanet as one of the largest public companies holding Bitcoin, reinforcing the growing trend of institutional adoption in the cryptocurrency space. The firm’s recent Bitcoin purchases, including the acquisition of 780 BTC, indicate a transparent and ongoing commitment to its strategy [4]. Market observers are closely watching the shareholder vote and potential regulatory developments, as the outcome could influence Bitcoin’s role as a corporate asset and affect broader institutional investor behavior [5].

The move could also impact Bitcoin’s market dynamics, particularly in terms of spot demand and price volatility, as large-scale corporate purchases historically have shown some influence on price trends. However, the regulatory landscape and eligibility for exchange listing for the new shares remain uncertain [5].