Metaplanet plans to raise $ 745 million in $ 745 million to increase its holdings of BTC, which is planned to expand BTC positions to 10,000 pieces by the end of 2025

Panews News on January 28th, Metaplanet, a Japanese investment company, announced that it plans to raise 116 billion yen (approximately 745.5 billion US dollars) to purchase more Bitcoin by issuing a stock recognition of the stock. The company's goal is to expand the amount of bitcoin's positions to 10,000 by the end of 2025, and currently holds about 1,761 BTCs.

Metaplanet said that the plan to issue 21 million zero -discount accounting certificates. If the transaction is completed, it will become the largest Bitcoin related financing in the history of the Asian equity market. The company said that the continuous depreciation of the yen and the new high price of Bitcoin are the main reasons for the fundraising.

Earlier, Metaplanet raised 9.5 billion yen in bonds last December and purchased 619.7 Bitcoin. As of now, the company is the 12th largest listing of Bitcoin in the world. Earlier this year, the company clearly planned to increase the number of Bitcoin positions to 21,000 by the end of 2026.