Metaplanet, a Japanese investment company, has just announced a plan to raise 9.5 billion yen (approximately 62 million USD) through the issuance of stock purchase rights. This move aims to strengthen the company's Bitcoin portfolio while minimizing risks from the depreciation of the Japanese yen. 🌐

The board of directors has approved the allocation of 29,000 stock purchase rights to EVO FUND, an investment fund in the Cayman Islands. This amount will primarily be used to purchase additional Bitcoin, increasing Metaplanet's existing reserve to 1,142 BTC, valued at over 109 million USD. 💰

This strategy reflects the company's "Bitcoin-first" vision, aiming to adapt to the economic situation in Japan and inflation.