Metaplanet, a company listed on the Tokyo Stock Exchange, has successfully secured a substantial $1.4 billion through an international share offering, intending to channel these funds into Bitcoin acquisitions. This announcement coincides with Bitcoin’s trading price remaining above $116,000, indicative of rising institutional interest in Bitcoin as a treasury asset.
In a series of strategic initiatives, Metaplanet disclosed the establishment of new subsidiaries in both the United States and Japan, along with the acquisition of the domain Bitcoin.jp. The fundraising endeavor attracted considerable attention from global institutional investors, including sovereign wealth funds, signifying an increasing mainstream acceptance of Bitcoin in corporate treasury management.
The company plans to utilize the raised capital for Bitcoin purchases between September and October 2025, in addition to supporting the expansion of its Bitcoin income generation business. This proactive move by Metaplanet aligns with a larger trend of corporations enhancing their treasury holdings with Bitcoin. Currently, corporate Bitcoin holdings have surpassed 1 million BTC, accounting for roughly 5% of the total circulating supply, with new companies consistently entering this emerging space.
Metaplanet’s U.S. subsidiary, Metaplanet Income Corp., will be headquartered in Miami, Florida, starting with an initial capital of $15 million. This subsidiary will prioritize Bitcoin income generation and derivatives operations, marking a significant evolution from mere treasury management to a more sophisticated financial approach. Meanwhile, Bitcoin Japan Inc., based in Tokyo’s Roppongi Hills, will oversee media, events, and services related to Bitcoin in Japan. The acquisition of Bitcoin.jp is poised to establish the company as a central figure in Japan’s Bitcoin ecosystem, leveraging the unique advantages present in the Japanese market, such as a low-interest-rate environment and favorable tax benefits for individual investors via NISA accounts.
Metaplanet’s strategic movements highlight intensifying competition in the Bitcoin treasury domain, as corporations increasingly regard Bitcoin holdings as a crucial aspect of their financial strategy. This recent fundraise stands out as one of the largest capital allocations into Bitcoin by a publicly listed entity in 2025.
Institutional investors have expressed interest in the potential for Metaplanet to issue Bitcoin-backed preferred shares in the future. The anticipated expansion of its Bitcoin Net Asset Value (BTC NAV) lays the groundwork for innovative financial products. To underscore its commitment to long-term value creation, the company has instituted a 60-day lock-up period for management and major shareholders.
As Bitcoin continues to hold its price above $116,000, Metaplanet’s ambitious expansion plans exemplify the growing institutional appetite for Bitcoin exposure through publicly listed entities. The company’s comprehensive strategy, which merges direct Bitcoin acquisitions with income-generating initiatives, may set a precedent for future institutional adoption in the cryptocurrency landscape.