The Bitcoin treasury firm diversifies its investment portfolio with ambitions to greatly increase its Bitcoin holdings. Metaplanet, Japan’s first publicly listed Bitcoin treasury firm, is raising $137 million through a new stock offering and warrants to expand its Bitcoin holdings, the company announced via its official X account. Metaplanet has diversified beyond its original hotel management business to focus on Bitcoin accumulation as a core treasury strategy. The company currently holds over 35,000 BTC worth $3 billion, ranking it the fourth-largest corporate holder of Bitcoin. The Tokyo-based investment firm has set a target of acquiring 210,000 BTC by 2027, which would represent 1% of Bitcoin’s total supply.