Metaplanet Bets Big on Bitcoin: $5.4 Billion Plan Eyes 210,000 BTC

Metaplanet’s ¥770 billion stock rights offering signifies a monumental shift in Japan’s Bitcoin reserves, targeting 210,000 BTC by 2027. This unprecedented move, dubbed the ‘555 Million Plan,’ sees the company allocate a significant portion of its resources to accumulating Bitcoin. While whales are accumulating BTC at record levels, retail participation is waning, indicating a potential power shift in market control.