According to ChainCatcher, Japanese Bitcoin investment firm Metaplanet plans to raise approximately $5.4 billion and increase its Bitcoin reserves, which have reached $1 billion. The company's stock price surged significantly on Monday.
Metaplanet announced a stock acquisition plan on Friday, reportedly the largest of its kind in the history of the Japanese capital market. By the end of 2027, Metaplanet is expected to accumulate 210,000 Bitcoins, which is several times more than the current 8,888 it holds.