Metaplanet, a Japanese company, has announced plans to raise $5.3 billion to bolster its Bitcoin holdings. The firm, listed on the Tokyo Stock Exchange, currently possesses 8,888 Bitcoins valued at approximately $934 million. By issuing 555 million shares through stock acquisition rights, Metaplanet aims to attract investors with pricing above the market average, a move highlighted by CEO Simon Gerovich. He emphasized that Bitcoin's rising significance sets new benchmarks for capital formation. Last year, Metaplanet transitioned from a hotel and technology focus to a Bitcoin treasury strategy, aspiring to acquire 210,000 Bitcoins by 2027, representing about 1% of total supply. This strategy mirrors the approach taken by MicroStrategy in the U.S., which also acquires Bitcoin to allow investors exposure to the asset without direct risks. As of the latest updates, Bitcoin's price is over $105,000, reflecting a 1.1% increase despite previous fluctuations.

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