Metaplanet continues to expand in Japan and the United States, with international funding in place, yet the stock price still fell by 10%.

Japan's MicroStrategy Metaplanet announced the completion of an international financing of up to $1.4 billion and established a subsidiary in the United States, Metaplanet Income Corp., to further expand its revenue business focused on Bitcoin derivatives. In addition, it acquired the Japanese Bitcoin digital real estate company Bitcoin.jp and will leverage this iconic domain name to create a media and community platform centered around Bitcoin in Japan. Although Metaplanet is taking frequent actions, its stock price continued to fall by 10% today, having dropped more than 70% from its high of 1,920 yen in June of this year. Its mNAV ( currently has a stock price and the value of its Bitcoin holdings compared to ) that has sharply declined from 12 times to 1.6 times.

Metaplanet establishes a subsidiary in the United States

Metaplanet established Metaplanet Income Corp. in Miami, USA, to further expand its revenue business focused on Bitcoin derivatives. Since 2024, Metaplanet has begun generating sustainable income through cash-backed Bitcoin sell put options (, while also increasing the amount of Bitcoin held long-term.

)Bitcoin earnings beautify financial reports? Metaplanet generates nearly 90% of revenue through options (

Metaplanet Income Corp. has a capital of 15 million USD, wholly owned by Metaplanet Holdings, and represented by Simon Gerovich, Dylan LeClair, and Darren Winia.

acquisition of the Japanese Bitcoin digital real estate company Bitcoin.jp

Metaplanet has also established a new subsidiary, Bitcoin Japan Inc., and has acquired the Japanese Bitcoin digital real estate Bitcoin.jp. Metaplanet will make good use of this iconic domain name to create a Bitcoin-centric media and community platform in Japan, unifying media, events, and services under one platform, and accelerating the adoption of Bitcoin in Japan together with partners.

Metaplanet issues new shares at a 10% discount, with the stock price continuing to fall.

Metaplanet has completed international financing, increasing the underwriting scale from 180 million shares to 385 million shares, raising 205 billion yen ) approximately 1.4 billion US dollars ( in funds, which have been fully in place, and is expected to use 1.3 billion US dollars of this to acquire Bitcoin.

Metaplanet CEO Simon Gerovich emphasized in a post that the company will successfully go public on September 17, 2025, raising funds through 70 global institutional investors including mutual funds and sovereign wealth funds ), marking a strategic shift towards Bitcoin asset management in light of growing institutional interest.

New investors do not need a lock-up period, and the issue price is set at a 9.93% discount on the pricing date, which is 553 yen. Only the management and major shareholders need a lock-up period, which may increase stock volatility. Metaplanet's stock price continues to fall by 10% today, having dropped more than 70% from its peak of 1,920 yen in June this year. Its mNAV ( current stock price and its value in Bitcoin compared to ) has significantly decreased from 12 times to 1.6 times.

This article Metaplanet continues to expand in Japan and the United States, with international funds in place, the stock price still falls by 10%, first appeared in Chain News ABMedia.