A prominent Japanese investment firm, Metaplanet, has unveiled intentions to secure an extensive 130 billion yen (approximately $880 million) through a global share offering. This ambitious initiative includes plans to allocate around $835 million specifically for increasing their Bitcoin (BTC) holdings.
Metaplanet Aims Higher with Bitcoin Investments
In a recent regulatory disclosure, the Tokyo-based firm has received the green light to pursue the capital raise, with most of the funds earmarked for new Bitcoin acquisitions.
To facilitate this growth, Metaplanet plans to issue 555 million new shares, which could skyrocket their total outstanding shares from 722 million to nearly 1.27 billion, solidifying their position in the market.
Often characterized as “Japan’s version of MicroStrategy,” Metaplanet has made significant strides in positioning itself as one of Asia’s leading corporate Bitcoin proponents. CoinGecko data reveals that the company currently holds 18,991 BTC, ranking them as the eighth largest public company globally in terms of Bitcoin reserves.
The proceeds from this offering are expected to be deployed for Bitcoin purchases between September and October 2025. Additionally, approximately $43.9 million will be allocated toward other Bitcoin-related financial endeavors.
Notably, this share sale will be exclusively conducted in international markets. In the U.S., offerings will adhere to restrictions that limit participation to qualified institutional buyers in compliance with Rule 144A of the U.S. Securities Act.
Metaplanet’s recent BTC acquisition occurred just this week, with the firm announcing it had bought 103 BTC worth over $11 million. Their total Bitcoin holdings are currently valued near $2 billion, with aspirations to amass 210,000 BTC by the end of 2027.
This strategic direction mirrors growing trends of corporations integrating cryptocurrency into their financial structures. Health technology company KindlyMD recently made waves by announcing a plan to raise $5 billion to bolster their Bitcoin reserves.
According to David Bailey, CEO of KindlyMD, this new capital raise comes as a logical next step following the company’s purchase of 5,744 BTC earlier this month. Currently, KindlyMD holds the 16th spot on CoinGecko’s list of companies with the largest Bitcoin reserves.
Are We Approaching a Bitcoin Supply Crunch?
Bitcoin’s fixed supply cap of 21 million coins has emerged as one of its hallmark characteristics. However, a considerable quantity of these coins has been permanently lost in inaccessible wallets, diminishing the effective supply available in circulation.
This limitation has stirred a competitive landscape where corporations, institutional investors, and even governments are racing to accumulate Bitcoin prior to any potential price surges. Recently, a legislator in the Philippines proposed a bill aimed at forming a national strategic Bitcoin reserve.
Adding to the buzz, Amdax, a Dutch crypto services provider, has plans to launch a public Bitcoin treasury firm. Meanwhile, Nasdaq-listed firm Top Win International recently revealed a successful $10 million funding round dedicated to Bitcoin acquisitions.
Additionally, Turkish mobility application Marti Technologies announced its intention to allocate 20% of its cash reserves into Bitcoin. As of the latest data, Bitcoin is trading at $112,013, witnessing a 1.9% increase within the past 24 hours.
