Tokyo-listed Metaplanet is preparing a major international share sale to expand its corporate Bitcoin treasury, signaling strong bullishness on the cryptocurrency.
Metaplanet announced plans to raise 130 billion yen (around $880 million) through an international share offering. The majority of the proceeds, approximately 124 billion yen ($837 million), will be allocated to acquiring Bitcoin between September and October 2025. An additional 6.5 billion yen ($43.9 million) is earmarked for Bitcoin-related financial operations.
Following a series of recent purchases, Metaplanet now holds 18,991 BTC, valued at over $2.1 billion. The company’s treasury strategy mirrors approaches taken by major U.S. firms, focusing on Bitcoin as a long-term reserve asset. Earlier this month, the firm bought 775 BTC for $93 million and 103 BTC for $11.7 million, continuing a significant accumulation streak.
Part of a Broader Trend in Institutional Bitcoin Adoption
Globally, institutional interest in Bitcoin has surged in 2025. Public companies collectively hold over 770,000 BTC, reflecting growing confidence in the cryptocurrency as a corporate reserve. Metaplanet positions itself within this trend, following the footsteps of Michael Saylor’s Strategy, which leads corporate Bitcoin holdings with 632,457 BTC, worth more than $70 billion after a recent purchase of 3,081 BTC for $357 million.
Long-Term Outlook
Metaplanet’s planned share offering and Bitcoin acquisitions indicate a strong commitment to building a robust digital asset treasury. With the firm’s strategy targeting offshore investors, the move also emphasizes Japan’s growing role in the global cryptocurrency landscape.