The game has undergone several revamped gameplay mechanics; features at least four new characters: Tsubaki Yayoi and Hazama (from Arcade version), Mu-12 (Console-exclusive), Makoto Nanaya,Valkenhayn R. Hellsing, and Platinum the Trinity (the later three released via DLC.); Lambda-11 replaces the character Nu-13; and rebalances previous characters with new or tweaked moves.The game also features all-new character select art, new and returning gameplay modes, and continues the predecessor's story. The game is set after the events of Blazblue: Calamity Trigger. A few days have passed since the reported raid by Ragna the Bloodedge, The 13th Hierarchical City "Kagutsuchi" forgets to celebrate New Years, as his alleged involvement in the "Mysterious Bombing" and "Huge Pentacle Sightings" becomes the talk of the town. With the Novus Orbis Librarium offering no official explanation, the citizens voice their own theories, exaggerating and spreading rumors like wildfire. Completely indifferent to the state of the city, Ragna grips his massive sword and quietly bides his time—waiting for the chance to achieve his true objective. And then, the enormous "power" that has ensnared Ragna begins to activate...