Japanese micro-strategy Metaplanet announces $137 million fundraising to "add more Bitcoin"! Asian company DAT makes a strong comeback

Japanese listed company Metaplanet announces a fundraising of approximately $137 million to increase its Bitcoin holdings.
(Background: Japan’s MicroStrategy Metaplanet plans to increase Bitcoin holdings! Shareholders approve expanding stock issuance, and the stock price surged 26% this month)
(Additional context: Is Japan’s MicroStrategy Metaplanet stopping its Bitcoin accumulation—strategic shift or building up for a big move?)

Table of Contents

• Fundraising through third-party allotment totaling 21 billion yen
• Focus of the fundraising: increasing long-term Bitcoin holding strategy
• Previously recognized significant impairment, but still maintains Bitcoin holdings

Metaplanet, a Bitcoin reserve company listed on the Tokyo Stock Exchange and known as “Japan’s MicroStrategy,” announced that it has completed a large-scale fundraising plan, aiming to raise about $137 million mainly to increase Bitcoin holdings and strengthen its digital asset portfolio. Amid the global trend of companies incorporating Bitcoin into their balance sheets, this move by Metaplanet is seen by the market as an important indicator of Japanese companies accelerating their adoption of crypto assets.

Notice Regarding Issuance of New Shares and 25th Series Stock Acquisition Rights through Third-Party Allotment pic.twitter.com/upB0YnvaXT

— Metaplanet Inc. (@Metaplanet) January 29, 2026

Fundraising through third-party allotment totaling 21 billion yen

According to the company’s announcement, this fundraising will be conducted via third-party allotment, including the issuance of new common shares and new stock acquisition rights. The total amount raised is approximately 21 billion yen (about $137 million).

The company will issue over 24.5 million new shares and simultaneously issue stock acquisition rights convertible into common shares. If all rights are exercised, the number of circulating shares will further increase, indicating that the company has reserved future capital-raising flexibility for long-term funding needs.

Focus of the fundraising: increasing long-term Bitcoin holding strategy

Metaplanet is positioned by the market as “Japan’s version of MicroStrategy,” with one of its core strategies being to view Bitcoin as a long-term asset allocation tool. The company states that the funds raised will support its overall corporate strategy, with increasing Bitcoin holdings regarded as a key direction.

Against the backdrop of a prolonged yen depreciation and rising global monetary policy uncertainties, Metaplanet continues to bet on Bitcoin, reflecting its long-term confidence in digital assets as a store of value.

Previously recognized significant impairment, but still maintains Bitcoin holdings

It is worth noting that Metaplanet recently announced that due to the decline in the crypto market last year, its Bitcoin holdings were impaired by approximately 104.6 billion yen. However, the company emphasized that this loss was an accounting recognition and did not affect cash flow or actual operations.

In this context, Metaplanet continues to increase its Bitcoin holdings, demonstrating that its strategic focus has not changed due to short-term price fluctuations but is oriented toward longer-term market development.