Metaplanet stock hit record volume and jumped over 16 percent as it raised $1.4 billion to ramp up Bitcoin purchases and secured a $30 million backing from Nakamoto Holdings.
Key Takeaways
- Metaplanet raised JPY 205 billion (USD 1.4 billion) via an international share sale to fund more Bitcoin acquisitions.
- Nakamoto Holdings invested $30 million, fueling a 16 percent daily stock surge.
- Record trading volume of 175 million shares marked Metaplanet’s busiest day ever.
- The company now plans to add around 11,000 BTC to its existing 20,136 BTC treasury.
What Happened?
Japan-based Metaplanet Inc., often dubbed the country’s version of MicroStrategy, witnessed its highest trading volume ever and a sharp spike in share price after announcing a major capital raise and fresh investment. The Tokyo-listed firm is doubling down on its Bitcoin-centric strategy, drawing attention from investors worldwide.
Metaplanet has finalized its international offering, upsized from 180M underwritten to 385M shares. Total raise: JPY 205B (~USD 1.4B). More Bitcoin purchases incoming. https://t.co/4iQOHVaXsD
— Simon Gerovich (@gerovich) September 9, 2025
Record Volume and Stock Price Rally
Metaplanet’s stock, listed under ticker 3350.T, surged 16.29 percent to 714 JPY, gaining 100 points in a single day. CEO Simon Gerovich confirmed the record activity, sharing a Bloomberg Terminal chart that showed daily trading volume hitting 175 million shares. This figure dwarfed the recent daily averages of 20 to 40 million and exceeded earlier 2025 peaks of over 100 million.
Investor excitement was reignited after a quiet summer of trading. The volume spike follows fresh optimism around the company’s financing strategy and upcoming Bitcoin acquisitions, positioning Metaplanet as a Bitcoin proxy play on the Tokyo Stock Exchange.
$1.4 Billion Capital Raise Finalized
Metaplanet completed a massive international share offering, initially set for 180 million underwritten shares but upsized to 385 million due to intense demand. The company priced the new shares at 553 yen each, raising a total of JPY 205 billion or USD 1.4 billion.
Here’s how the funds will be used:
- JPY 183.7 billion allocated for Bitcoin purchases in September and October
- JPY 20.4 billion designated for its Bitcoin income generation business
Once the deal closes, Metaplanet’s total outstanding shares will exceed 1.14 billion, further strengthening its Bitcoin-focused capital structure.
Nakamoto Holdings Steps In with $30 Million
The rally was further fueled by a $30 million investment from Nakamoto Holdings, a Bitcoin treasury firm led by David Bailey, a known crypto advisor to Donald Trump. The investment was made through its NASDAQ-listed subsidiary, KindlyMD (NAKA), and is scheduled to close by September 16, with share delivery on September 17.
Nakamoto is backing the world’s leading Bitcoin securities. To that end, we’ve made a long term strategic investment into @Metaplanet_JP.
— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) September 10, 2025
$30m deployed @ ¥553/share
Trading closed limit up @ ¥714/share
Non-dilutive shareholder value.
Feed the Frog. https://t.co/wuUTP1V0QH pic.twitter.com/q7YCKGN3XV
David Bailey commented, “Metaplanet has established itself as a leader in Japan’s Bitcoin landscape through its commitment to advancing financial innovation and driving the global adoption of Bitcoin.”
Following the announcement, Metaplanet stock gained 17 percent on the day and signaled a potential recovery after a nearly 70 percent drop from its June peak of 1,900 JPY.
Bitcoin Strategy Expansion and Technical Outlook
Metaplanet has increased its Bitcoin capital reserve allocation from 5 percent to 10 percent, reflecting its deepening crypto conviction. With the recent raise, the company plans to add approximately 11,000 BTC to its holdings, potentially pushing its treasury to over 31,000 BTC.
At a Bitcoin price above $111,000, this long-term accumulation plan is designed to create value for shareholders. Notably, the firm also aims to use Bitcoin income to support dividend payments.
From a technical perspective:
- The stock’s fair value is estimated at 1,332 JPY
- Technical bottom stands at 705 JPY
- Current trading levels suggest possible undervaluation, attracting both retail and institutional interest
CoinLaw’s Takeaway
I find this story incredibly exciting. In my experience covering crypto stocks, it’s rare to see such a bold, transparent, and well-funded Bitcoin strategy play out in public markets. Metaplanet is not just stacking Bitcoin quietly. They’re broadcasting it to the world, inviting investors to ride the wave with them. The $30 million vote of confidence from Nakamoto Holdings gives even more credibility to their approach. If Bitcoin keeps climbing, this could turn Metaplanet into one of the most watched Bitcoin proxy stocks globally.
