Metaplanet Inc. secures shareholder approval for $3.8 billion Bitcoin purchase

Japanese Bitcoin treasury Metaplanet ￰0￱ secured shareholder approval for a proposal that will enable it to raise as much as $3.8 billion (¥555 billion) via preferred ￰1￱ company seeks to expand its financing options after its stock ￰2￱ to Metaplanet’s president, Simon Gerovich, shareholders voted to authorize 555 million preferred shares for potential issuance at a meeting in Tokyo on ￰3￱ company has confirmed the vote outcome in a disclosure on its website ￰4￱ shareholders have approved all 3 resolutions at today’s EGM: ✅ Increase in Total Number of Authorized Shares ✅ Virtual Shareholder Meetings ✅ New Provisions for Perpetual Preferred Shares ￰5￱ — Simon Gerovich (@gerovich) September 1, 2025 In his words, Gerovich described the preferred issuance as a “defensive mechanism” that will protect common shareholders from losing value if the stock price falls below the value of its Bitcoin ￰6￱ preferred shares typically lack voting rights, they offer dividend priority over common ￰7￱ is a feature that Japanese investors like when interest rates are low.

Metaplanet’s resilience after 55% stock dip This initiative comes after a recent announcement of an underwritten offering to raise $884 million ( ¥130 billion) in foreign ￰8￱ to reports, the fundraising will happen on international markets outside Japan, with US-based selling restricted to accredited ￰9￱ pricing of the offering is expected between September 9 and September ￰10￱ has raised over $1.6 billion (¥242 billion) through a moving strike warrant agreement with investment firm Evo Fund. However, Metaplanet has stopped all uses of Evo’s warrants from September 3 to September ￰11￱ company seeks new capital-raising tools to keep up with the global race to accumulate Bitcoin.

However, as reported by Cryptopolitan earlier, the company is looking to stabilize its stock price, which has declined by nearly 55% since its peak in ￰12￱ market value is now roughly double that of its Bitcoin holdings, down from a premium of eight times in ￰13￱ stock was up 0.6% as of 11.30 am in Tokyo on Tuesday. Meanwhile, the company recently added 1,009 BTC for $112 million, pushing its total holdings to 20,000 ￰14￱ acquisition was made at an average cost of $102,700 per coin, with the company’s total investment now exceeding $2 billion. Metaplanet’s aggressive accumulation is part of a broader strategy to multiply its Bitcoin holdings to 100,000 BTC by the end of ￰15￱ is set to become Asia’s Strategy Metaplanet ￰16￱ its position as Asia’s biggest corporate Bitcoin ￰17￱ company has recorded a 468% yield in the second quarter of 2025 and a treasury of 18,113 BTC worth $2.1 billion.

Metaplanet’s strategy has been compared to Michael Saylor’s Strategy in its rapid accumulation of BTC. MSTR’s Bitcoin holdings now represent over 3% of the total ￰18￱ wants to get 210,000 BTC by 2027, which is about 1% of all the coins in ￰19￱ company made an operating profit of $5.5 million (¥816 million) in ￰20￱ option insurance brought in ¥1,131 million of that profit. Also, around 128,000 people now own shares in Metaplanet, making it the best-performing company out of 55,000 on the stock market in ￰21￱ 170 businesses around the world now have Bitcoin on their books, worth a total of over $111 ￰22￱ still say that the approach could lose value when stock prices reach the same level as Bitcoin’s net asset value.

A VanEck executive says that Bitcoin treasury tactics might not work because companies that are getting close to NAV risk lowering the value of their shares by holding on to ￰23￱ reported by Cryptopolitan, Strategy has seen a 15% decline in its stocks in ￰24￱ Bybit now and claim a $50 bonus in minutes