Metaplanet, a Japanese firm formerly known for its hotel operations, has raised $1.4 billion in an international share offering to bolster its crypto portfolio. The surge in capital signifies a significant shift towards Bitcoin accumulation as the company seeks to redefine its identity and pioneer institutional crypto adoption in Japan and beyond. 70% of the funds will be utilized to purchase Bitcoin. This strategic move could significantly boost their holdings, potentially adding over 12,500 BTC to their balance sheet, bringing their total possession above 32,700 BTC. 180 million shares were initially offered but have been increased to 385 million, reflecting a bold and ambitious strategy. The company aims to expand its Bitcoin holdings to 210,000 BTC by 2027, positioning it as one of the world’s largest public holders of digital assets. This aggressive approach has already garnered attention from experts, who compare it to US-based firms building billion-dollar crypto reserves.