🚨 Metaplanet Doubles Down on Bitcoin with $1.4B Capital Raise

📢 Metaplanet has announced a ¥204.1 billion ($1.4B) capital raise, with nearly 90% of proceeds allocated to Bitcoin purchases. This bold move cements its strategy to become a “Bitcoin-first” institution.

🔑 Key highlights:

◾️ ¥183.7B (~$1.25B) dedicated to buying Bitcoin

◾️ ¥20.4B to fund its Bitcoin income generation business

◾️ Potential to add ~12,590 BTC, expanding holdings from 20,136 to ~32,726 BTC

◾️ Represents a 62.5% increase in its Bitcoin treasury

◾️ Share issuance at ¥532 boosts total outstanding shares to nearly 1.5B

🌐 By making Bitcoin its primary reserve asset, Metaplanet is moving away from traditional fiat-based reserves, positioning BTC as a hedge against Japan’s structural economic challenges.

🟠 This strategy echoes a growing trend of institutions embracing Bitcoin as a long-term store of value—one that investors are increasingly supporting.

#Bitcoin #Metaplanet #Crypto #DigitalAssets #Blockchain

https://coingape.com/metaplanet-to-raise-1-4-billion-and-buy-more-bitcoin/?utm_source=linkedin&utm_medium=coingape