Metaplanet Sets $1.45B Share Sale to Fund Bitcoin Purchases, Treasury Shift

Metaplanet gambles bigger on Bitcoin.

The company listed by Tokyo has locked up a stock sale of $ 1.45 billion on Tuesday, which has so far one of the largest business shifts in Japanese treasury.

Formally priced at ¥ 553 per share ($ 3.73), the international supply supply will issue 385 million shares, which yields a total of ¥ 212.9 billion ($ 1.45 billion).

Net revenue of ¥ 204.1 billion ($ 1.39 billion) are almost entirely allocated to Bitcoin, with ¥ 183.7 billion ($ 1.25 billion) for purchases and ¥ 20.4 billion ($ 139 million) for income generation, according to A. notification determining the issue price.

In the same notification, the company repeated its reason for buying Bitcoin, pointing to “increased levels of national debt, long -term real negative interest rates and a continuous depreciation of the yen” as primary factors that motivated to start with stacking The Alpha Crypto in April last year.

The stock sales will follow on 1 September shareholders vote In Tokyo, it indicated that an overseas issue of a maximum of 550 million new shares, in addition to preference shares, after the stock price of Metaplanet had fallen 54% since mid -June.

The latest application completes the conditions of that plan and shifts the shareholders authorization to formal execution, which concludes a turbulent summer of financing pressure and a collapsing share race.

Metaplanet currently has 20,136 BTC with a value of approximately $ 2.25 billion, after the last purchase from 136 Bitcoin made public Earlier this week.

His interests are positioning as the sixth largest public company owner of Bitcoin worldwide, behind Strategy” MarathonAnd Twenty -oneBut for Tesla, Coinbase and the Trump Media & Technology Group.

While he is still behind others, the relocation of Metaplanet emerges as a “signal from Japan that the adoption of the business bitcoin is spreading worldwide, not only in the US,” said Dadybayo, research and strategy on the non -stopable wallet, said Decrypt.

Businessbitcoin treasuries shift from experiment to the regular balance strategy, “said Dadybayo, adding that with” new accounting rules and ETF normalization “, he expects public companies to” keep more than 1 million BTC towards the end of the year. “

Further down by 2027, Dadybayo said that more companies “could follow Bitcoin as digital gold.”

“This is all out against the background of BlackRock’s Ishares Bitcoin Trust (Ibit), which has become the most profitable ETF of the company, so that more reimbursement yields are generated than even his S&P 500 flagship (IVV),” he noticed that Ibit is also the “fastest growing ETF, in the $ 2, in the $ 2, in the $ 2, in the $ 2 in the $ 2, in the $ 2 in the $ 2 in the $ 2 in the $ 2 in the $ 2,” in the $ 2, in the $ 2 in the $2 “in the $2 in the $2 in the $2 in the $2 in the $2 in the $2 in the $2 in the $2, in the $2 in the $2 in the $2 in the $2, in the $2 in the $2 in the $2,” in the $ 2. Control of a year, in a year in management. billion.

With conditions that have now been set for implementation, the scale of the raised metaplanet rages its place in the worldwide conversation on Bitcoin.

“From pension funds to hedge funds, the direction of travel is clear: a deeper integration of Bitcoin into traditional finances,” said Dadybayo.