Metaplanet, a Japanese Bitcoin treasury company, has seen its stock price fall by 54% since mid-June due to difficulties with its stock-based "flywheel" mechanism. The Tokyo-listed firm is now seeking alternative financing methods, including a public offering of shares in overseas markets to raise approximately 130.3 billion yen ($880 million). Shareholders are set to vote on Monday on a proposal to issue up to 555 million shares of preferred stock, potentially raising up to 555 billion yen ($3.7 billion).