Metaplanet plans to raise $150 million to buy more Bitcoin as prices fall. The company made the plan public after its board approved a proposal on November 20, 2025, in Tokyo.
The funds will be raised through new Class B Preferred Shares. The vote to approve the move will happen at an investor meeting on December 22, 2025. Metaplanet says this plan will help it buy Bitcoin at lower prices and keep growing its reserves.
According to the formal notice, the new shares will pay steady quarterly dividends based on Japan’s TONA rate. It also says the shares will not dilute voting rights since they do not include votes.
Investors may convert the preferred shares into common shares later if they want. “We believe each product follows a different strategy,” CEO Simon Gerovich said when asked if this plan competed with Bitcoin ETFs.
Metaplanet wants most of the money for Bitcoin purchases from December 2025 to March 2026. The company says it has built a long-term plan around holding Bitcoin. It also says it buys during drops because it sees downturns as chances to grow its reserves.
Notably, the company now holds more than 30,000 Bitcoin worth hundreds of billions of yen. It also plans to use part of the new funds for its Bitcoin income business, which earns money from trading options.
The company plans to redeem old bonds with part of the funds. It will also cancel older stock rights to tidy up its capital structure. Metaplanet says these steps will help keep the company stable as it grows. The new shares may be listed on the Tokyo Stock Exchange later. The company says the listing is not guaranteed and may take time.
Metaplanet says its move comes as global markets change fast. It believes Bitcoin offers long-term safety as national debts rise. It also says Bitcoin can move across borders without delay.
The company further stated that it wants to keep raising money through preferred shares to avoid high dilution. It says this approach will help protect shareholders while letting the firm buy more Bitcoin whenever needed.
At the time of the report, Bitcoin is trading for $90,857.38, down 11% in the last 7 days according to CoinMarketcap
Also Read: Kraken Files Confidential Draft for U.S. IPO Plans
