Metaplanet will raise $5.3 billion, the largest issuance of stock warrants in Japan, to increase its Bitcoin reserve.
The company aims to increase its BTC holdings to over 210,000 by 2027, considering it as a hedge against Japan's economic challenges.
Metaplanet, the company listed in Tokyo that is now positioning itself as a treasury-focused company on bitcoin
BTC $103,658.96
, has launched a $5.3 billion plan to buy more
BTC $103,658.96
through the issuance of 555 million shares via stock acquisition rights.
