Metaplanet, popular as Japan’s MicroStrategy, has raised a staggering $881 million, dedicated to planned Bitcoin purchases ahead in September and October.
The company’s stock price surged by 5.70% on the Tokyo Stock Exchange, moving to 890 JPY.
Metaplanet Gears for More Bitcoin Purchases
Japanese firm Metaplanet is gearing up for additional BTC purchases in order to meet its target of having a treasury of 30,000 Bitcoins by the year-end.
As of August 25, 2025, Metaplanet holds 18,991 BTC, valued at roughly $2.12 billion.
Earlier today, the Japanese firm announced plans to raise a total of $881 million through an international share sale. The company intends to use ¥123.818 billion ($837 million) of the proceeds to acquire Bitcoin between September and October 2025.
In addition to this, the company will allocate ¥6.516 billion ($44 million) for Bitcoin-related financial activities.
Speaking on the development, Metaplanet’s Bitcoin strategist, Dylan LeClair, said the company’s Bitcoin reserves have reached 18,991 BTC, valued at approximately $2.11 billion, compared to $60.9 million in outstanding bonds. This gives the company a BTC Rating (BTC NAV to Notional Liabilities ratio) of 34.65x.
The recent fundraising of $881 million, highlights the Japanese firm’s conviction in holding Bitcoin as a treasury asset.
Market sentiment has turned notably bullish, aided by Metaplanet’s inclusion in the FTSE index, which has increased visibility and trading activity.
Redeeming $35 Million of Ordinary Bonds
Earlier today, Metaplanet issued notice on exercising the 20th series stock acquisition rights and partial early redemption of JPY 5.25 billion from 19th series ordinary bonds.
The company’s stock price, which has been under selling pressure, has bounced back earlier today. Following the lows at $835 last week, the stock has surged back, close to 900 JPY levels.
Previously market research firm Benchmark initiated a report with a 2,400 JPY target price for the Metaplanet stock.
Read original story Metaplanet Raises $881 Million for More Bitcoin Purchases, Stock Jumps 6% by Bhushan Akolkar at Coinspeaker.com
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Metaplanet Raises $881 Million for More Bitcoin Purchases, Stock Jumps 6%
Published 2 months ago
Aug 27, 2025 at 3:22 PM
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