Metaplanet Inc. (MTPLF) saw its shares jump on Monday following the announcement of an ambitious plan to raise approximately $5.4 billion to expand its Bitcoin (BTC-USD) holdings.

The ripple effects of US President Donald Trump’s pro-crypto policies are driving a surge in Bitcoin demand in Japan, with Metaplanet Inc. seeing a staggering 4,800% rise in shares over the past year.

Tokyo-listed bitcoin holder Metaplanet Inc. is now using bitcoin (BTC) options to boost its coin stash, diverging from its peer, the U.S.-listed Microstrategy's debt-fueled accumulation strategy, News.Az reports citing FX Street .