Japanese firm Metaplanet secured shareholder approval to raise approximately $884M through the issuance of up to 550M new shares overseas.

The funds raised are primarily earmarked for expanding Metaplanet’s Bitcoin holdings, and are spearheaded in large part by Eric Trump, son of US President Donald Trump, and a Metaplanet advisor. Even as Metaplanet prepares for another big Bitcoin buy, questions grow about the soundness of the company’s strategy – and of Eric Trump’s involvement.

And in the background, hype grows surrounding the launch of Bitcoin Hyper ($HYPER) – a potentially revolutionary Bitcoin Layer 2.

Bitcoin Hoard Grows Amid Strategic Push

Metaplanet continues its aggressive accumulation of Bitcoin, purchasing an additional 1,009 $BTC (worth about $112M).

This brings its t

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