Metaplanet has marked a historic event in the Japanese capital markets by issuing 555 million moving-strike warrants priced at 777 JPY.
Largest Stock Acquisition Rights Issuance in Japan
Metaplanet made a significant announcement with the issuance of 555 million moving-strike warrants, making it the largest issuance in Japan's capital market history. This offering was made above the current market price for the first time in Japan. The terms allow no upper limit on stock purchases, while a minimum price is set at 777 JPY.
Driving Bitcoin Treasury Growth
The $5.4 billion raised from the issuance will be utilized immediately to expand Metaplanet's Bitcoin treasury. The company continues to view Bitcoin as a stable investment and asset for portfolio diversification. This strategic approach is supported by a recent on-chain purchase of 1,088 BTC, valued at approximately $74 million.
Investor and Trader Reactions
Following the announcement of the warrants issuance, Metaplanet's stock price increased as investor interest grew in the company’s new capital plans. Experts note that issuing warrants above market price reduces immediate dilution risk and signals strong confidence in the company’s future assets. With $5.4 billion secured for Bitcoin purchases, Metaplanet is likely to attract institutional investors.
Metaplanet is positioned as a leading corporate Bitcoin acquirer and pioneer in changes within Japan’s capital market, having the opportunity to make significant acquisitions due to its new stock issuance.
