Metaplanet plans to raise $135 million in MERCURY preferred equity to buy more Bitcoin
Key Takeaways
- Metaplanet will issue Class B Preferred Shares to raise substantial capital in order to accelerate its transition into a Bitcoin Treasury Corporation.
- With an issue price of ¥900 per share, the company expects to raise over ¥21 billion before expenses and ¥20.4 billion in net proceeds.
‘Asia’s MicroStrategy’ Metaplanet plans to raise over ¥21 billion , or approximately $135 million, via an allotment of 23.6 million MERCURY shares to acquire more Bitcoin. MERCURY is the company’s new Class B preferred equity.
The estimated net proceeds of the offering are ¥20.4 billion. Metaplanet plans to allocate nearly ¥15 billion (around $95 million) to Bitcoin purchases, with the remainder directed toward Bitcoin income-generating strategies and the redemption of corporate bonds.
The company believes global markets are undergoing a structural monetary shift and views Bitcoin as a superior long-term store of value due to its scarcity, portability, and transparency.
Metaplanet currently holds 30,823 Bitcoin worth $2.8 billion, ranking as the world’s fourth-largest corporate holder of Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WPAHash’s Stablecoin Mining Reduces Crypto Fluctuations to Deliver Consistent Returns
- WPAHash launches stablecoin mining service (USDT/USDC) for predictable returns in volatile crypto market. - Investors directly purchase contracts without token conversion, using global data centers and dynamic hashrate scheduling. - Tiered contracts ($100–$8,000) offer daily yields ($3–$128), targeting both retail and institutional investors. - Service addresses crypto volatility amid Bitcoin ETF outflows, with analysts predicting boosted stablecoin demand. - Upgraded XRP contracts and real-time dashboar
PENGU Price Forecast: Near-Term Fluctuations and Event-Driven Prospects in the Fourth Quarter of 2025
- Pudgy Penguins (PENGU) token faces critical support at $0.00122 amid technical bullish divergence and institutional accumulation in late 2025. - Pudgy Party game's August 2025 launch shifted PENGU from speculation to utility, attracting $9.4M in strategic on-chain inflows. - Whale activity and regulatory risks (USDT dependency, MiCA) create dual pressures, with potential 140% upside if $0.045 breakout succeeds. - Social media momentum and Bitcoin's 4.3% November rally highlight PENGU's macro sensitivity
Solana News Update: Sunrise Seeks to Resolve Solana's Liquidity Splintering through Immediate Listings
- Wormhole Labs launches Sunrise, a Solana-native listing platform enabling instant liquidity for new tokens like MON, addressing DeFi fragmentation. - The platform uses NTT framework to natively onboard cross-chain assets, retaining liquidity within Solana and integrating with DEXs like Orb and Jupiter. - MON's day-one trading demonstrates Sunrise's potential to solidify Solana as a hub for tokenized assets, with TVL rising 32.7% to $11.5B in Q3 2025. - Analysts highlight Sunrise's role in standardizing h
India’s Cryptocurrency Conundrum: Can Updated VDA Regulations Safeguard Progress or Hinder Expansion?
- India's VDA regulatory review aims to align crypto rules with global standards, addressing consumer protection gaps and market integrity risks. - Current fragmented regulations, including 30% profit tax and weak custody laws, have driven users to offshore platforms, stifling local innovation. - Proposed reforms include risk-based token classification, licensing for exchanges, and RWA frameworks to balance innovation with systemic risk mitigation. - A balanced approach could attract investment and strengt
Trending news
MoreCrypto prices
More
