Metaplanet Raises $3.6 Billion JPY to Fuel Bitcoin Expansion

Metaplanet Inc. has secured a significant funding boost of 3.6 billion JPY, fueling its expansion into the world of Bitcoin. The company is replicating MicroStrategy’s strategy by focusing on acquiring Bitcoin as part of its corporate cryptocurrency strategy. This investment will bolster Metaplanet’s presence in the global crypto market and potentially shift the balance of power for institutional players in the sector.