Metaplanet Finalizes $1.45B Share Sale to Fund Bitcoin Purchases, Holdings Hit $2.25B

Metaplanet Inc finalized its $1.45 billion international share offering to fund massive Bitcoin purchases, issuing 385 million shares at ¥553 each with settlement scheduled for September ￰2￱ Japanese company allocates ¥183.7 billion ($1.24 billion) directly to Bitcoin acquisitions between September and October ￰3￱ Tokyo-listed firm increased Bitcoin holdings to 20,136 BTC worth approximately $2.25 billion, making it the sixth-largest corporate Bitcoin holder ￰4￱ acquisitions include 136 Bitcoin for $15.2 million and 1,009 Bitcoin for $112 million. *Notice Regarding Determination of Issue Price and Other Matters* ￰5￱ — Metaplanet Inc. (@Metaplanet_JP) September 9, 2025 Asian Corporate Treasury Revolution Accelerates Nakamoto Holdings committed $30 million to participate in Metaplanet’s global equity offering, marking its largest investment and first stake in an Asian Bitcoin-focused public company.

KindlyMD’s subsidiary stock surged 77.2% on Nasdaq following the announcement despite recent monthly declines. Similarly, Sora Ventures recently launched a dedicated $1 billion Bitcoin treasury fund backed by $200 million in regional commitments, targeting rapid accumulation within six ￰6￱ today, QMMM Holdings reported 1,736% stock gains after announcing $100 million crypto treasury plans targeting Bitcoin, Ethereum, and ￰7￱ Hong Kong-based digital media firm’s shares soared 2,300% before closing higher at $207 on ￰8￱ leads corporate Bitcoin adoption with multiple Tokyo-listed firms announcing treasury ￰9￱ policy changes support corporate crypto adoption, with proposed tax reforms potentially reducing capital gains rates from 55% to 20%.

The Flywheel Effect Faces Premium Compression Challenges Metaplanet’s financing strategy relies on “moving strike warrants” issued to Evo Fund, creating a capital generation flywheel for Bitcoin ￰10￱ Simon Gerovich designed the mechanism to raise funds at low costs during stock price ￰11￱ model showed signs of strain as shares declined 54% since mid-June peaks despite Bitcoin gaining 2% during the same ￰12￱ rates slowed from 160% growth through June to less than 50% ￰13￱ premium compression threatens the strategy’s ￰14￱ company’s market capitalization multiple versus Bitcoin holdings narrowed from eight times reserves in June to approximately two times ￰15￱ a result, analysts warn that further premium compression could limit accumulation capacity.

However, Gerovich called preferred share issuances a “defensive mechanism” protecting common shareholders from dilution during price ￰16￱ BTC investor Metaplanet has announced a fresh purchase of 136 BTC, boosting its BTC Yield to 487% YTD 2025. #Metaplanet #BTCAccumulation #BTCYield ￰0￱ — ￰17￱ (@cryptonews) September 8, 2025 As of September 8, Metaplanet reported a 487% Bitcoin yield year-to-date through aggressive accumulation from 12,000 BTC at June-end to current ￰18￱ performance, however, lagged Bitcoin gains with shares trading near four-month lows despite reaching 20,000 BTC ￰19￱ Generation Through Options Strategy The company allocated ¥20.4 billion from the offering proceeds to the Bitcoin Income Generation Business, expanding options trading ￰20￱ generated ¥1.9 billion in sales revenue from Bitcoin options during Q2 ￰21￱ options strategy addresses Bitcoin’s yield-free nature by generating income through covered call writing and volatility ￰22￱ targets full-year operating profitability through accumulated options premiums.

Japan's @Metaplanet_JP Q2 financial report shows a 468% Bitcoin yield, becoming the 4th largest global holder with 18,113 BTC worth $2.1B, targeting 210,000 BTC by 2027. #Japan #Bitcoin ￰1￱ — ￰23￱ (@cryptonews) August 13, 2025 Q2 financial results showed ¥816 million operating profit on ¥1.2 billion revenue, largely driven by ¥1.1 billion in Bitcoin option underwriting ￰24￱ business model provides recurring revenue streams beyond price appreciation ￰25￱ base expanded over 1,000% to 128,000 individuals as the Bitcoin strategy gained international ￰26￱ company transformed from a struggling hotel operator to Asia’s most prominent corporate Bitcoin ￰27￱ corporate Bitcoin movement spans 31 entities controlling over $413 billion in holdings.