Metaplanet, a Tokyo Stock Exchange-listed company, has announced that it closed a massive $1.4 billion fundraise through an international share offering, with plans to buy Bitcoin with it. The announcement comes as Bitcoin price continues to trade above $116,000, highlighting growing institutional interest in Bitcoin treasury operations.

The Japanese Bitcoin treasury company announced multiple strategic initiatives today, including the establishment of new subsidiaries in both the United States and Japan, as well as the acquisition of the premium domain Bitcoin.jp.

The fundraising initiative attracted significant interest from global institutional investors, including sovereign wealth…

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