Metaplanet Announces Historic Capital Raise by an Asian-Listed Firm for Bitcoin Investment.

Metaplanet Sets Record for Capital Raise to Increase Bitcoin Holdings

Metaplanet (3350), a Japanese hotel investment company, has set a new record for the largest capital raise in Asian equity market history, securing funds to expand its bitcoin (BTC) reserves. The company issued 21 million shares through 0% discount moving strike warrants, raising approximately 116 billion yen ($745 million). This method allows investors to purchase shares at market value, ensuring that the dilution impact on existing shareholders remains minimal.

This move is part of Metaplanet’s “Bitcoin-first, Bitcoin-only” strategy, which is focused on increasing its bitcoin holdings as the yen weakens and Bitcoin reaches new all-time highs. The stock acquisition rights were priced at 363 yen per unit ($2.33), with adjustable exercise prices that fluctuate based on market conditions.

With 1,762 BTC, Metaplanet is now the fifteenth-largest publicly traded holder of bitcoin. The company saw its stock rise by 3% on the announcement day, and its shares have gained 16% year-to-date, reflecting investor confidence in its aggressive bitcoin accumulation strategy.