Metaplanet Plans $745M Capital Raise to Expand Bitcoin Holdings Amid Declining Yen Trends
Japanese Bitcoin investment firm Metaplanet is set to raise 116 billion yen ($745 million) by issuing 21 million shares. This significant capital increase aims to enhance the company’s Bitcoin holdings, with plans to grow from 1,762 BTC to 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. Metaplanet’s strategy focuses on converting ...