Metaplanet arranges for a $3.7 billion stock increase to finance a substantial acquisition of Bitcoin assets
Metaplanet Aims to Boost Bitcoin Holdings with Preferred Share Offering
Metaplanet, a company known for its commitment to Bitcoin, is planning to raise $3.73 billion through the issuance of perpetual preferred shares. This move is aimed at increasing its current Bitcoin holdings more than twelvefold, as part of its ambitious goal to accumulate 210,000 BTC by the end of 2027.
The proposed shares could offer up to a 6% annual dividend, an innovative financing approach that aims to provide sustainable capital without diluting common equity or adding debt. This strategy allows Metaplanet to continue its Bitcoin purchases while maintaining balance sheet discipline.
As of August 4, 2025, Metaplanet has acquired 17,595 BTC, placing it as the seventh-largest corporate Bitcoin holder globally. This represents 8.4% progress toward its goal, equivalent to about 1% of the total Bitcoin supply.
The Extraordinary General Meeting (EGM) for shareholders to vote on authorized shares increase from 1.61 billion to 2.723 billion is scheduled for September 1. The EGM Agenda proposes authorization of Perpetual Preferred Stock-Class A (Senior, Non-Convertible) and Class B (Convertible).
Metaplanet's Bitcoin accumulation strategy mirrors that of the largest corporate Bitcoin treasury, Strategy, which recently secured $2.5 billion. The company has been actively pursuing equity financing as part of its 'Bitcoin Strategy', and plans to issue securities in portions when market conditions align, as per the shelf registration filed.
Metaplanet currently holds 17,132 BTC, with a value of over $1.97 billion at the price of $114,396. The offering represents approximately 75% of Metaplanet's current market capitalization.
The recent purchase made by Metaplanet was 780 BTC on July 28. QCP Capital, in its latest report, mentioned that ongoing Bitcoin accumulation efforts by companies like Metaplanet demonstrate "long-term conviction." However, price action not responding to positive headlines, according to QCP Capital, represents "textbook late-cycle behavior."
Metaplanet's strategy, along with other corporate Bitcoin treasuries, is contributing to over $93 billion in Bitcoin-focused investments. The company's approach distinguishes it among the largest corporate Bitcoin holders worldwide, competing closely with other major treasury firms that utilize similar capital instruments and accumulation tactics.
In conclusion, Metaplanet's innovative financing strategy and disciplined Bitcoin standard approach position it as a significant player in the corporate Bitcoin market. The company's aggressive accumulation strategy, combined with its commitment to equity financing, sets it apart as a major treasury firm with a long-term bullish outlook on Bitcoin.
[1] Metaplanet's Bitcoin Strategy: Aiming for 210,000 BTC by 2027 [2] Metaplanet's Q2 2025 Financial Results: Bitcoin Treasury Strategy Update [3] QCP Capital's Latest Report: Institutional Confidence in Bitcoin Remains High Despite Market Volatility
- Metaplanet, well-established for its Bitcoin commitment, is aiming to boost its Bitcoin holdings with a preferred share offering, targeting the acquisition of 210,000 BTC by 2027.
- This innovative financing approach could provide up to a 6% annual dividend, allowing Metaplanet to continue Bitcoin purchases while maintaining balance sheet discipline.
- As of August 4, 2025, Metaplanet has amassed 17,595 BTC, positioning itself as the seventh-largest corporate Bitcoin holder globally.
- The proposed issuance of Perpetual Preferred Stock-Class A and Class B is scheduled for September 1, as part of Metaplanet's ongoing strategy in the crypto and finance technology sector.
