Metaplanet Raises $5.4 Billion to Acquire 210,000 BTC

Japanese investment firm Metaplanet has announced a groundbreaking plan to acquire a significant stake in Bitcoin. The firm is raising $5.4 billion through a stock issuance, aiming to purchase 210,000 Bitcoin by 2027. This ambitious initiative aligns with Metaplanet’s strategy of mirroring the established Bitcoin investment model used by MicroStrategy in the U.S., focusing on market volatility opportunities in Asia.