Metaplanet has announced a $1.45 billion share sale aimed primarily at purchasing Bitcoin, solidifying its position as a significant corporate holder of the cryptocurrency. The Tokyo-listed firm intends to allocate ¥183.7 billion ($1.25 billion) of the proceeds to acquire Bitcoin, while ¥20.4 billion ($139 million) is set aside for income-generating operations. The new share offering will sell 385 million shares at ¥553 each. After the latest acquisition, Metaplanet currently holds 20,136 BTC valued at approximately $2.25 billion, making it the sixth-largest public corporate holder globally. The company's move reflects a broader trend of corporate adoption of Bitcoin, as it aims to accumulate 30,000 BTC by the end of 2025 and reach 100,000 BTC by 2026. Additionally, it has been approved for inclusion in the FTSE Japan Index, marking its emergence as a central player in the Bitcoin treasury movement in Japan, amidst significant developments in traditional finance incorporating cryptocurrency into their portfolios.

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