Metaplanet Plans ¥555B Raise for Next Bitcoin Buy

Metaplanet has revealed plans to supercharge its Bitcoin strategy, announcing an Extraordinary General Meeting (EGM) to seek approval for the issuance of new perpetual preferred stock. The proposal includes two classes: Class A (senior, non-convertible) and Class B (convertible). Alongside, Metaplanet filed a massive ¥555 billion shelf registration, giving itself the option to issue more shares in the future. These bold moves are designed to raise fresh capital, fueling the company’s anticipated next round of major Bitcoin purchases.