Japanese self-proclaimed ‘Bitcoin Treasury Company’ Metaplanet has revealed plans to raise ¥116 Billion (approximately $745.8 million) to fund additional Bitcoin purchases. In a Jan. 28 X post , Metaplanet announced it would issue 21 million shares using 0% discount moving strike warrants, with most of the proceeds used to buy additional Bitcoin. Interestingly, these warrants give holders the right to buy Metaplanet shares at the market price, making them more palatable for existing shareholders. If fully executed, this would be the largest capital raise in Asian equity markets history for a Bitcoin purchase. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io