Metaplanet To Raise $70 Million To Buy More Bitcoin

Metaplanet, a Japanese public company, announced a plan to raise $70 million through a stock rights issue to buy more Bitcoin.

Aug 6, 2024 - 17:00
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Metaplanet To Raise $70 Million To Buy More Bitcoin

Metaplanet, a publicly listed Japanese company, has announced plans to raise up to ¥10.08 billion ($70 million) through a gratis allotment of stock acquisition rights to existing shareholders. The majority of funds raised will be used to purchase additional Bitcoin.

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