Japanese investment firm Metaplanet plans to raise 9.5 billion yen ($62 million) through a share acquisition scheme to boost its Bitcoin portfolio. 🎯 The move will help reduce exposure to the depreciating yen and take advantage of Bitcoin’s long-term growth potential.

The board of directors approved the allocation of 29,000 units of EVO FUND shares. The funds will be used to purchase Bitcoin, bolstering Metaplanet’s treasury, which already holds 1,142 BTC. 💼