Metaplanet has initiated Asia’s largest equity raise dedicated to Bitcoin, aiming to make a significant leap in the crypto space. CEO Simon Gerovich announced the issuance of 555 million shares through moving strike warrants valued at approximately 770.9 billion yen, which translates to roughly $5.4 billion. This substantial capital raise positions Metaplanet as a strong player in the continuing Bitcoin market. Investors are keenly watching this development as the interest in Bitcoin continues to gain momentum across Asia. With such a hefty backing, many speculate how this acquisition strategy will impact Bitcoin’s price and market dynamics in the long term.