With $137 million in new funding, Metaplanet aims to cut debt and acquire more bitcoin

Metaplanet to Raise $137 Million to Reduce Debt and Buy More Bitcoin

Tokyo-based bitcoin treasury company Metaplanet plans to raise up to 21 billion yen ($137 million) through a share and warrant issuance to fund additional bitcoin BTC $82,794.83 purchases and repay debt.

The firm will issue 24.53 million new common shares at 499 yen each—about 5% above the previous close—raising roughly 12.24 billion yen upfront. Despite the premium, shares ended the day at 456 yen, down 4%, reflecting short-term dilution concerns.

The third-party allotment places shares with select investors. Each share comes with 0.65 stock acquisition rights, totaling 15.94 million potential shares and 65% warrant coverage. Warrants carry a fixed exercise price of 547 yen over a one-year period and could raise an additional 8.9 billion yen if fully exercised.

Of the upfront proceeds, 5.2 billion yen will go toward partial debt repayment. The remaining funds will support further bitcoin accumulation and general corporate purposes. Metaplanet currently holds 35,102 BTC, ranking fourth among publicly traded companies.