Japanese listed company Metaplanet plans to raise approximately $881 million to increase its Bitcoin holdings

According to reports, Japanese listed company Metaplanet has announced that it plans to raise funds through an international IPO, totaling approximately 130.334 billion yen (about $881 million). Of this, about 123.818 billion yen ($837 million) will be used to purchase Bitcoin, while 6.516 billion yen ($44 million) will be allocated for the financial operations of Bitcoin.