Asia's MicroStrategy Metaplanet has successfully garnered 10 billion Japanese Yen through a stock sale, marking preparations for a significant Bitcoin acquisition. The 11th series of Stock Acquisitions Right was completed recently, reflecting their strategy to mirror MicroStrategy's capital-raising efforts for Bitcoin investments.
With this fresh capital infusion, Metaplanet aims to strengthen its Bitcoin portfolio, a move reminiscent of MicroStrategy's approach to augment its digital asset holdings via capital raises.
The news highlights the growing trend of companies in Asia adopting similar Bitcoin acquisition strategies to their Western counterparts.
