Japanese hotel group’s shares skyrocket on bold $5 bn Bitcoin play
Metaplanet, a once-traditional hotel operator in Japan, saw its stock surge ~15% today after unveiling plans to raise approximately $5.4 billion to boost its Bitcoin holdings to 210,000 BTC by 2027. If achieved, this hoard would represent about 1% of total Bitcoin supply—valued at nearly $22 billion at current prices. The pivot, which began in 2024, also…
