Metaplanet to Raise $1.4B in International Share Sale, Stock Jumps 16%
Metaplanet has announced an ambitious international share sale aimed at expanding its bitcoin holdings. The offering, expected to raise around ¥204.1 billion ($1.4 billion), highlights the company’s strong commitment to positioning bitcoin at the core of its long-term strategy. This move aligns with Metaplanet’s vision of becoming a leading corporate player in the digital asset space, leveraging its balance sheet to accumulate more BTC as both a reserve and growth asset.
The announcement sparked significant market excitement, with Metaplanet’s stock surging on record trading volume. Investors view the capital raise as a bold bet on bitcoin’s future and a signal of confidence in its role as a hedge against inflation and traditional financial risks. By aggressively growing its treasury, Metaplanet is setting itself apart from other public companies in Asia.
Key Points
Net proceeds targeted: ¥204.1B (~$1.4B)
Share price: ¥553 for 385M new shares
Stock reaction: +16% to ¥714 (ticker: 3350)
Use of funds: ¥183.7B to buy bitcoin in Sept–Oct; ¥20.4B to income-generation initiatives
Nakamoto Holdings (NAKA): $30M committed to the offering; NAKA jumped 77% Tuesday
Post-offer float: > 1.14B shares outstanding
Current bitcoin holdings: 20,136 BTC (among the top six public-company treasuries)
Why it matters
The Metaplanet international share sale for bitcoin underscores how listed firms are leveraging equity markets to accumulate digital assets at scale. With 20,136 BTC already on its balance sheet, Metaplanet is doubling down on a strategy that treats bitcoin as a core treasury reserve. A fresh $1.4B war chest—plus third-party validation from NAKA’s $30M commitment could widen its lead among corporate holders and amplify market attention.
Deal terms & allocation
Metaplanet priced 385 million new shares at ¥553 each. When the sale closes, the share count rises above 1.14 billion, a notable expansion that management argues is justified by long-term bitcoin accumulation and yield initiatives.
Planned deployment
¥183.7B for direct bitcoin purchases in September–October
¥20.4B to scale its bitcoin income-generation business (e.g., yield strategies, structured products, or services that monetize holdings)
This phased approach means the Metaplanet international share sale for bitcoin could translate to steady, programmatic buy pressure over the next several weeks rather than a single market-moving block.

Market reaction
Shares spiked 16% to ¥714 on record turnover after the announcement, reflecting strong interest in the financing and its intended use. The momentum also follows a broader crypto backdrop in which bitcoin hovered near $112,214, adding context to investor enthusiasm. The Metaplanet international share sale for bitcoin narrative—equity for BTC exposure appears to be resonating with traders seeking leveraged access to the asset.
Dilution vs. strategic upside
Yes, the larger float introduces dilution. But bulls argue the proceeds, if deployed effectively, can enhance net asset value tied to bitcoin appreciation and recurring income streams. If BTC outperforms, the Metaplanet international share sale for bitcoin may prove accretive over time particularly if income generation offsets operating costs and improves cash flow resilience.
What’s next
Watch for settlement timing, execution pace of BTC purchases through September–October, and updates on the income-generation pipeline. Also notable is how NAKA’s participation could catalyze further institutional interest, extending the playbook that Metaplanet is now scaling.

Conclusion
Metaplanet is converting equity into digital gold on a massive scale. Through its international share sale, the company plans to channel proceeds directly into bitcoin accumulation while also pursuing longer-term yield strategies. This approach underscores its commitment to integrating bitcoin as a core part of its financial strategy.
Early market reaction has been highly positive, with trading activity suggesting strong investor approval. Still, the success of this bold move will depend on disciplined execution and favorable market dynamics. If managed well, Metaplanet’s strategy could deliver meaningful compounding benefits for its shareholders over time.

