Metaplanet to Raise $3.7 Billion in Stock Offering to Buy More Bitcoin

Japanese investment powerhouse Metaplanet has announced plans to raise ¥555 billion ($3.73 billion) in a bold move to accelerate its Bitcoin acquisition strategy. This capital injection will come through a new stock offering of perpetual preferred shares, offering up to 6% annual dividends depending on market conditions. Metaplanet Targets 210,000 Bitcoin by 2027 The company, … Continue reading Metaplanet to Raise $3.7 Billion in Stock Offering to Buy More Bitcoin