Japanese investment firm Metaplanet aims to raise over $62 million (9.5 billion Japanese Yen) through a stock acquisition plan to increase its Bitcoin holdings. Currently, the firm possesses 1,142 Bitcoin, valued at over $109 million. It plans to issue 29,000 units of Stock Acquisition Rights to EVO Fund, an investment management firm in the Cayman Islands, with the majority of the raised funds earmarked for Bitcoin purchases. Metaplanet emphasized the importance of increasing its Bitcoin treasury due to the ongoing depreciation of the Japanese yen, which it sees as a financial risk. The acquisition is pending approval under Japan’s Financial Instruments and Exchange Act, with the fundraising running from December 16 to June 16, 2025. If successful, Metaplanet could purchase approximately 652 additional Bitcoin at a current price of $95,000 each. The company has shifted its focus away from metaverse-related ventures due to profitability concerns, solidifying its strategy of Bitcoin accumulation as an integral part of its corporate treasury. Metaplanet’s stock price has surged over the past year but remains below its historical peak set in 2013.

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