Japanese firm Metaplanet plans to raise $62 million in order to enhance its cryptocurrency portfolio, with a focus on Bitcoin. The company aims to increase its Bitcoin reserves and create a more robust portfolio by offering its existing shareholders preferential rights to purchase new shares. The move reflects a growing trend towards cryptocurrency adoption in regulated markets like Japan and reinforces Bitcoin's status as a pivotal asset. This strategic move is expected to have ripple effects on other publicly listed companies and marks a critical step in integrating cryptocurrencies into mainstream finance.



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