Metaplanet, a Japanese firm pivoting from hospitality to crypto investment, has secured 10% of a $5.4 billion capital raise to buy Bitcoin. Using innovative moving-strike warrants, the company plans to accumulate up to 210,000 BTC by 2027—about 1% of Bitcoin’s total supply. Metaplanet already holds 8,888 BTC, nearing its 2025 goal of 30,000. Inspired by MicroStrategy, the firm views Bitcoin as a hedge against yen devaluation. Its stock surged 12% after the announcement and is up 8,850% over two years. This move positions Metaplanet as Asia’s top corporate Bitcoin holder and a major player globally.