Japanese investment firm Metaplanet has announced plans to raise $62 million to purchase Bitcoin, aiming to expand its existing holdings of 1,142 BTC valued at approximately $109 million. The firm is shifting its strategy to prioritize Bitcoin over the Japanese yen. This move comes amid a broader trend in the cryptocurrency market, where institutional investors are significantly increasing their Bitcoin acquisitions. Notably, BlackRock has recently purchased $2 billion worth of Bitcoin, alongside other substantial investments in Ethereum, totaling $230.39 million. Marathon Digital Holdings (MARA) has also boosted its Bitcoin reserves, acquiring 34,794 BTC through a $1 billion convertible note offering, reflecting a bold strategy in the evolving crypto landscape.