Tokyo Stock Exchange-listed Metaplanet has made a milestone $1.4 billion international share offering, intending to use the proceeds mainly to buy Bitcoins in September-October 2025, when the cryptocurrency is trading above $116,000. The firm, as a top-rated Bitcoin treasury manager, also unveiled new U.S. and Japan subsidiaries and took over Bitcoin.jp, and attracted robust demand from international institutional investors, such as sovereign wealth funds. The action reflects the growing trend of companies taking on Bitcoin as a treasury asset, with corporate holdings now exceeding 1 million BTC, approximately 5% of circulating supply.
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