Metaplanet Inc. (TSE Standard: 3350) has announced the success of pricing and upsizing international equity offerings.
The company confirmed that 385 million shares will be issued at 553 yen per share, generating a total issuance price of 212.9 billion yen. After deducting fees, the total amount paid reaches 205.3 billion yen, of which 204.1 billion yen will be allocated directly to Bitcoin-related initiatives.
In a statement, CEO Simon Gerovich said: “Metaplanet completed an international product that rose from its 180m underwriting to 385m shares. Total salary increases: JPY 205B (~USD 1.4B).
Bitcoin Ministry of Finance Expansion
According to the release, 183.77 billion revenues were used to buy Bitcoin between September and October 2025, marking a significant increase in Metaplanet holdings. As of September 1, 2025, the company already owns 20,000 Bitcoins, which is equivalent to approximately 32.2 billion yen.
Metaplanet first announced the Treasury transformation in May 2024, pledging to adopt it as a major reserve asset for Bitcoin. The move was designed to oppose Japan’s long-term negative real interest rates, high national debt, and ongoing yen depreciation.
Bitcoin revenue generation
The remaining 20.4 billion yen from the offering will be allocated to the company’s Bitcoin revenue generation business, generating yields through Bitcoin options trading. In the second quarter of 20125, the segment’s revenue generated 19 billion yen, highlighting its role as a complementary revenue driver to Bitcoin accumulation.
Metaplanet said these allocations will help the company achieve sustainable profitability while strengthening its Bitcoin-centric financial model.
Strengthen the market position
The offer also shows a significant increase in Metaplanet’s capital base, with capital stocks and capital surplus rising by 100.21 billion yen, respectively. After issuance, the Company’s total outstanding shares will increase from 755.9 million shares to 1.14 billion shares.
By implementing one of Asia’s largest Bitcoin-centric capital raises, Metaplanet has established itself as a leading corporate pioneer in Bitcoin adoption. The company aims to set an example for other listed companies in Japan and Asia who are trying to manage inflation risk and currency devaluation through digital assets.
If you’d like to hear more about Metaplanet, check out the video below, explaining how Jerovic has become Japan’s number one trading stock.
Source: https://bitcoinmagazine.com/business/metaplanet-raises-1-4-billion-to-expand-bitcoin-treasury-in-upsized-international-share-offering
