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Metaplanet announces the launch of a Bitcoin equity financing plan of approximately 5.4 billion dollars.
BlockBeats News, on June 6, Simon Gerovich, CEO of Metaplanet, a Japanese listed company, said on social platforms, “Metaplanet announced the launch of Asia’s largest ever Bitcoin-related equity financing plan: the financing scale reached 770.9 billion yen (about 5.4 billion US dollars), and 555 million new shares were issued through “floating exercise warrants”, issued at a premium above the market price, benefiting Metaplanet’s stock price is highly volatile and liquid. Metaplanet plans to hold 100,000 BTC by the end of 2026, and by the end of 2027, the number of bitcoins will reach 210,000, or 1% of the total number of bitcoins.”