According to ChainCatcher, the Japanese Bitcoin investment company 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 Japan's capital markets. By the end of 2027, Metaplanet is expected to accumulate 210,000 Bitcoins, a multiple of the current 8,888 Bitcoins held.