Metaplanet Raises $5.4 Billion to Acquire 210,000 BTC by 2027

Metaplanet, a Japanese investment firm, has announced a massive $5.4 billion equity financing plan to significantly boost its Bitcoin holdings. This move follows a period of increased market volatility and investor uncertainty regarding Bitcoin exchange-traded funds (ETFs). The company aims to acquire 210,000 BTC by 2027, representing approximately 1% of the total Bitcoin supply. This aggressive strategy diverges from traditional ETF investment models as Metaplanet prioritizes direct acquisition.