Japanese Bitcoin treasury firm Metaplanet has seen its stock plummet over 50% since mid-June, disrupting its financing strategy. In response, the company aims to raise $8.84 billion through overseas share sales. A shareholder meeting on September 1 will decide on issuing up to 555 million preferred shares, potentially raising $3.8 billion to expand its Bitcoin holdings. Metaplanet targets increasing its Bitcoin reserves to 100,000 BTC by the end of 2026. Additionally, Eric Trump, advisor and son of former President Trump, has been granted 3.3 million shares.