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Metaplanet Inc. Doubles Bitcoin Strategy After $67 Million Share Sale

  • Metaplanet Inc. has successfully raised over ¥10 billion through a stock acquisition rights program to double down on its Bitcoin strategy.
  • The company plans to acquire more Bitcoins to strengthen its balance sheet, aiming to hold more than 1,600 Bitcoins.
  • Metaplanet's stock has surged over 550% year-to-date, following Metaplanet's Bitcoin strategy.
  • MicroStrategy's aggressive accumulation strategy has set a standard for other companies entering the cryptocurrency space.

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