"The capital was raised through a placement of new shares priced at 380 yen ($2.39) each, representing a small premium to the market price. The financing package also includes fixed-strike warrants exercisable at 410 yen ($2.57) per share, which carry a 10% premium to the placement price and could generate an additional $276 million if fully exercised before their March 2028 expiration."
"Metaplanet said it intends to allocate up to 56.9 billion yen, or about $357 million, toward purchasing additional bitcoin between April 2026 and March 2028. The firm currently holds 35,102 BTC, valued at roughly $2.6 billion at recent market prices. The holdings place Metaplanet among the largest corporate bitcoin treasuries globally."
"The company aims to increase its holdings to 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027, part of a strategy to position bitcoin as the centerpiece of its balance sheet and long-term capital structure."
Metaplanet, a Tokyo-listed investment firm, secured approximately $255 million from global institutional investors through a share placement at 380 yen per share, with additional fixed-strike warrants potentially raising total funding to $531 million. The company plans to allocate up to $357 million toward Bitcoin purchases between April 2026 and March 2028. Currently holding 35,102 BTC valued at roughly $2.6 billion, Metaplanet aims to increase holdings to 100,000 BTC by end of 2026 and 210,000 BTC by end of 2027. The financing package includes fixed-strike warrants exercisable at 410 yen per share and 100 million MS Warrants tied to the company's modified net asset value, positioning Bitcoin as the centerpiece of its long-term capital structure.
#bitcoin-treasury #corporate-investment #capital-raising #cryptocurrency-strategy #institutional-funding
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