The fresh debt draw shows how Metaplanet is using both debt and preferred equity to accelerate Bitcoin purchases and income-generation strategies. Tokyo-listed Bitcoin treasury company Metaplanet has drawn another $130 million in Bitcoin-backed credit, expanding its use of collateralized borrowing to accelerate BTC purchases, income-generation strategies and potential share buybacks. On Tuesday, Metaplanet disclosed it executed the loan on Friday under a previously announced credit facility. The borrowing forms part of the company’s $500 million credit line, which allows it to raise short-term liquidity using its Bitcoin (BTC) as collateral. With the fresh capital, the company has now drawn $230 million in cumulative loans from the facility, up from the $100 million disclosed for an earlier Oct. 31 credit pull. Read more
Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise around $135 million to accumulate more BTC, even as the assets price continues to trade below $90,000. The company is choosing to raise capital through issuing preferred shares instead of common stock, which seems to be largely to protect the stock price from tanking any further. Metaplanets share price has already plummeted nearly 60% in the past six months, now standing at 387 JPY (approximately $2.46 USD), according to Google Finance. To avoid further volatility, the company will issue preferred shares with a 4.9% dividend instead of common shares, as per a statement published on Thursday. Read more
Metaplanet plans to raise $135 million through the issuance of new Class B perpetual preferred shares as part of a broader restructuring tied to its Bitcoin treasury strategy. Metaplanet is preparing another major capital raise through the issuance of its new Class B perpetual preferred shares to expand its Bitcoin-focused treasury strategy. According to filings submitted to the Tokyo Stock Exchange, the firm plans to issue 23.6 million Class B shares at 900 yen ($5.71) each, bringing the total raise to 21.2 billion yen (roughly $135 million). The offering will be executed through a third-party allotment to overseas investors, pending approval at an extraordinary shareholder meeting set for Dec. 22, 2025. The new Class B shares come with a fixed annual dividend of 4.9% on a $6.34 notional amount, translating to $0.078 per quarter once regular payments begin. Holders will have the right to convert the preferred shares into common stock at a $6.34 conversion price. Read more
The loan came shortly after Metaplanet launched a $500 million Bitcoin-backed share buyback program, after its market-based net asset value fell below 1.0. Tokyo-listed Bitcoin treasury company Metaplanet secured a $100 million Bitcoin-backed loan to purchase additional BTC and repurchase its shares. According to a Tuesday filing, the funds were borrowed on Oct. 31 under a credit agreement that allows the company to secure short-term financing using its Bitcoin (BTC) holdings as collateral. The lender’s identity was not disclosed, but the company said the loan carries a benchmark US dollar rate plus a spread and can be repaid at any time. Metaplanet said that the loan structure is conservative, noting it holds 30,823 BTC, worth around $3.5 billion as of the end of October, a position large enough to maintain healthy collateral coverage even if Bitcoin’s price declines. Read more
Metaplanet became the world’s fifth-largest corporate Bitcoin holder after buying 5,419 BTC, bringing its total to 25,555 BTC worth nearly $3 billion. Japan’s Metaplanet expanded its Bitcoin treasury with a 5,419 BTC purchase, making it the fifth-largest corporate holder of the cryptocurrency globally. The company said Monday it acquired 5,419 Bitcoin (BTC) at an average price of 17,281,012 Japanese yen (about $117,000) per Bitcoin. With this latest $633 million purchase, the company’s holdings reached 25,555 BTC, making it the fifth-largest corporate Bitcoin treasury, according to BitcoinTreasuries.NET. The purchase price of its latest tranche of Bitcoin, just short of $117,000, put the investment at a loss of almost 3.9% at the time of writing, with a current market price of about $112,500. With the purchase, Metaplanet’s Bitcoin yield — the percentage change in the ratio of total BTC per fully diluted share — reached 10.3% from July 1 to Sept. 22. Read more
Japan’s Metaplanet launched subsidiaries in Miami and Tokyo to grow Bitcoin income and expand domestic crypto media operations. Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, is ramping up its crypto strategy with the launch of two new subsidiaries, one in the US and one in Japan. In a Wednesday post on X, the Tokyo-based firm announced the establishment of Metaplanet Income Corp., a wholly owned US subsidiary based in Miami with an initial capital of $15 million, according to its disclosure. The unit will focus on Bitcoin (BTC) income generation and derivatives trading, creating a structural separation between Metaplanet’s core BTC holdings and revenue-generating operations. Read more
Japan's Metaplanet aims to raise $1.44 billion to expand Bitcoin holdings and income business amid dilution risk. Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, said Tuesday it will issue 385 million new shares to expand its Bitcoin holdings and related businesses. The shares will be sold through an international offering outside Japan at 553 yen ($3.75) each, raising an estimated 212.9 billion yen ($1.44 billion), the company said. The issue price represents a 9.9% discount to Metaplanet’s Tuesday closing price of 614 yen. The payment date is set for Sept. 16, when underwriters and investors will transfer funds to the company. The delivery date follows on Sept. 17, when the new shares will be credited to investors. Read more
Metaplanet’s stock has plunged 54% since mid-June, forcing the Tokyo-listed firm to seek alternative fundraising as its share-based “flywheel” falters. Metaplanet, the Tokyo-listed firm aggressively accumulating Bitcoin, is facing mounting pressure as its share price tumbles, threatening the fundraising model it has used to build one of the largest corporate Bitcoin treasuries globally. The company’s stock has dropped 54% since mid-June, despite Bitcoin (BTC) gaining around 2% during the same period. The decline has put its capital-raising “flywheel” under stress, a mechanism dependent on rising share prices to unlock funding through MS warrants issued to Evo Fund, its key investor. With shares down sharply, exercising these warrants is no longer attractive for Evo, squeezing Metaplanet’s liquidity and slowing its Bitcoin acquisition strategy, according to a Sunday report by Bloomberg. Read more
Metaplanet will issue up to 555 million new shares, with most of the $880 million raised directed toward Bitcoin purchases and income strategies. Japanese investment company Metaplanet approved a plan to raise 130.3 billion yen ($880 million) through an overseas share issuance, with almost $835 million set aside for Bitcoin purchases. According to a Wednesday filing, the company plans to issue up to 555 million new shares, which could increase its total outstanding stock from 722 million to about 1.27 billion shares. The issue price will be determined Sept. 9-11, with payments scheduled to settle shortly after. Metaplanet said the bulk of the funds will go toward acquiring additional Bitcoin (BTC), adding to its existing treasury reserves of 18,991 BTC (valued at around $2.1 billion). The company said the strategy is designed to protect against Japan’s weak yen, mitigate inflation risks and enhance corporate value. Read more
The inclusion of Metaplanet in these stock indices will funnel passive capital flows into the Bitcoin market, supporting BTC floor prices. Metaplanet, a Bitcoin (BTC) treasury company, has been upgraded from a small-cap to a mid-cap stock in index provider FTSE Russell’s September 2025 Semi-Annual Review, bumping it up for inclusion in the flagship FTSE Japan Index. The index provider updates and rebalances the indices quarterly, and following Metaplanet’s strong Q2 performance, added it to the FTSE Japan Index, a stock market index of mid-cap and large-cap companies listed on Japanese exchanges. Metaplanet’s inclusion in the FTSE Japan Index means it is automatically added to the FTSE All-World Index of the largest publicly-listed companies by market capitalization in each geographic region. Read more