Metaplanet Raises $1.4B to Expand Bitcoin Holdings
Metaplanet has successfully upsized its share offering to $1.4 billion, aiming to acquire more Bitcoin in response to strong investor demand. The company increased its shares from 180 million to 385 million, priced at 553 yen each, despite potential dilution risks. This strategic move is expected to bolster its income business and enhance its Bitcoin portfolio.
Metaplanet Raises $1.4B to Expand Bitcoin Holdings
Metaplanet has successfully upsized its share offering to $1.4 billion, aiming to acquire more Bitcoin in response to strong investor demand. The company increased its shares from 180 million to 385 million, priced at 553 yen each, despite potential dilution risks. This strategic move is expected to bolster its income business and enhance its Bitcoin portfolio.
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