Metaplanet Inc. has announced plans to amend its Articles of Incorporation and file for a shelf registration for potential issuance of preferred shares.
Changes to Articles of Incorporation
The resolution to amend the Articles, approved by the company’s board, will be presented at an Extraordinary General Meeting scheduled for September 1, 2025. These changes are aimed at improving the company’s capital raising capabilities and accelerating its ambitious plan to acquire 210,000 BTC between 2025 and 2027.
Potential Advantages for the Company
The proposed amendments include increasing the total number of authorized shares from 1.61 billion to 2.723 billion. Metaplanet asserts that this expansion is critical to supporting large-scale capital raises and advancing its Bitcoin Treasury strategy.
Increased Trading Volume on Tokyo Stock Exchange
In June 2025, Metaplanet reported trading volume of ¥1.86 trillion ($12.87 billion), nearly doubling from ¥997.6 billion ($6.82 billion) in May. This notable increase in trading volume is linked to rising investor interest in the company's strategy.
The proposed changes to Metaplanet's Articles of Incorporation, along with the potential issuance of preferred shares, aim to bolster the company's growth and strategic positioning in the market.