Metaplanet is making a big bet on Bitcoin.
The Tokyo-listed company locked $1.45 billion in stock sales on Tuesday, marking one of Japan’s largest shifts for the Corporate Treasury Ministry.
The international stock offering, officially sold at 553 yen ($3.73) per share, will issue 385 million shares, raising a total of 212.9 billion yen ($1.45 billion).
Net income is almost entirely allocated to Bitcoin, 183.7 billion yen ($1.25 billion) for purchases, and 20.4 billion yen ($139 million) for income generation business. Let me know Issuance price determined.
Similarly, the company repeated its rationale for purchasing Bitcoin, pointing out “an increase in national debt levels, extension of true negative interest rates, and continued depreciation of the yen.” Stacking Alpha Crypto last April.
The share will continue on September 1st. Shareholder Voting In Tokyo, Metaplanet stock price fell 54% since mid-June, approved up to 550 million overseas shares, along with preferred shares.
The latest submissions will finalize the terms of that plan and shift from shareholder approval to formal execution, thereby closing the intense summer funding pressure and stock price collapse.
Metaplanet currently holds 20,136 BTC, which is about $2.25 billion, following the latest one. purchase 136 bitcoin Disclosure Earlier this week.
Its holdings are lagging behind as Bitcoin’s sixth largest public enterprise holder worldwide strategy, marathonand twenty onebut ahead of Tesla, Coinbase and Trump Media & Technology Group.
Metaplanet’s movement is still behind others, showing that “as a signal from Japan that not only the US but also the adoption of Bitcoin is spreading worldwide.” Decryption.
Corporate Bitcoin’s finances are “transforming from an experiment to a mainstream balance sheet strategy,” Dadybayo said, predicting that public companies will “have exceeded 1 million btc by the end of the year” due to “new accounting rules and ETF normalization.”
Furthermore, by 2027, Dadybayo said more companies could “treat Bitcoin as digital gold.”
“All this revolves around BlackRock’s iShares Bitcoin Trust (IBIT), which has become the company’s most profitable ETF, generating more toll revenue than the S&P 500 flagship (IVV),” he said. Billion.
With the conditions currently in place, Metaplanet Raise scale solidifies its position in a global conversation about Bitcoin.
“From pension funds to hedge funds, the direction of travel is clear: it’s a deeper integration of Bitcoin into traditional finance,” Dadybayo said.
