Metaplanet Inc., a Tokyo-listed financial services firm, has recently expanded its Bitcoin holdings by acquiring an additional 156 BTC, bringing its total reserves to 2,391 BTC. This purchase aligns with the company's strategic initiative to bolster its Bitcoin Treasury Operations.

In a related development, Metaplanet announced plans to raise 116 billion yen (approximately $745 million) through the issuance of 21 million shares. The capital raised is intended to further augment the firm's Bitcoin holdings, reflecting its commitment to leveraging Bitcoin as a store of value amid currency fluctuations.

These moves underscore Metaplanet's aggressive strategy to increase its Bitcoin reserves, with targets set at 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.