Metaplanet, a Tokyo Stock Exchange-listed company, plans to raise $5.3 billion through the issuance of 555 million shares. This initiative aims to expand its Bitcoin holdings, having already acquired 8,888 BTC valued at approximately $934 million. The company's CEO, Simon Gerovich, emphasized that the stock acquisition rights would be priced above the market rate, deviating from the usual discount seen in similar financings. Metaplanet aims to amass a total of 210,000 Bitcoin by 2027, constituting about 1% of Bitcoin's overall supply. This strategy follows a model popularized by MicroStrategy, positioning Metaplanet as a significant player in the Bitcoin treasury space.

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