Metaplanet (3350), the Japanese hotel investor, has announced the largest capital increase in Asian stock market history to buy Bitcoin (BTC).

Metaplanet has issued 21 million shares through 0% discount on moving strikes, which collects approx. 116 billion yen ($ 745 million). This allows holders to buy shares at a training price equal to the market price, which minimizes dilution for existing shareholders.

The issue is part of the company’s “Bitcoin first, Bitcoin-Kun” strategy that is in line with its plans to continue to increase its Bitcoin stocks in the midst of Yens Devaluation and Bitcoin’s all the time.
The stock purchase rights were issued to 363 yen per year. Device ($ 2.33) and has adjustable training prices based on market value.

Metaplanet is the fifth largest listed Bitcoin holder with 1,762 BTC. It closed 3% higher on the day and its shares have increased by 16% years to date.

Disclaimer: This article or parts of it were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy.