Metaplanet sets 10‑15% strategic investment range under capital policy

An income spread is being asked to support a larger bitcoin treasury, while new coin purchases remain chiefly financed through equity. Metaplanet Inc. TYO3350, the Tokyo-listed bitcoin treasury company, set strategic investments at approximately 10 to 15 per cent of total assets in an Oct. 5 capital policy revision. Bitcoin remains its core holding, with a guideline of approximately 85 to 90 per cent of assets.

Metaplanet held 44,000 bitcoin at Sept. 30, 2026. Its balance was 30,823 bitcoin on Oct. 28, 2025. Its separate Oct. 5 net interest income notice says the new strategy will principally target preferred securities issued by bitcoin treasury companies and similar issuers. The proposed margin is the yield on those assets less the related funding costs, including preferred dividends, bond interest, borrowing, hedging and transaction costs.

Preferred and common shares remain the principal sources of bitcoin acquisition funding under the revised policy. The company describes its bitcoin-backed credit facility as supplementary bridge funding that it plans to shift progressively into permanent equity capital. Metaplanet says income from strategic assets should improve its financing capacity and credit quality, creating a route to additional bitcoin purchases rather than a committed amount of coin buying.