Metaplanet Inc. (TSE Standard: 3350) has announced the successful pricing and upsizing of its international share offering, raising JPY 205 billion (~USD 1.4 billion) to fuel its ongoing Bitcoin-first treasury strategy.

The company confirmed that 385 million new shares will be issued at JPY 553 per share, generating a total issue price of JPY 212.9 billion. After deducting fees, the total amount paid in will reach JPY 205.3 billion, of which JPY 204.1 billion will be allocated directly to Bitcoin-related initiatives.

In a statement, CEO Simon Gerovich said: “Metaplanet has finalized its international offering, upsized from 180M underwritten to 385M shares. Total raise: JPY…

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