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Metaplanet Raises Half a Billion to Fund Another Round of Bitcoin Acquisition

  • Japan's Metaplanet raised $517 million in a single day for the exclusive purchase of additional Bitcoin, marking one of the largest Bitcoin-related capital raises by a Japanese company.
  • Metaplanet now holds a total of 10,000 BTC, establishing its position as Asia's largest corporate Bitcoin holder and the seventh largest publicly traded company globally by Bitcoin treasury size.
  • The funds were raised through the '555 Million Plan' by issuing 54 million shares, potentially setting a precedent for other corporations interested in diversifying treasuries or hedging against fiat currency devaluation.
  • Metaplanet's bold move may pave the way for increased corporate crypto adoption and shift Bitcoin from speculation to a core component of institutional finance.

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