Japan’s Metaplanet Issues 21 Million Shares to Acquisition Even More BTC

• Metaplanet announced the issuance of 21 million shares to obtain more BTC with its funds.

• The Japanese firm currently holds around 1, 761 BTC and plans to boost it to 10, 000 BTC by the end of the year.

Metaplanet, additionally known as Japan’s Microstrategy, once again transformed all the eyes towards it with its latest announcement. The firm intends to get even more Bitcoin, enhancing its existing holdings. While Microstrategy is the pioneering international company to relentlessly purchase BTC, Metaplanet is making headings following in its footsteps.

Metaplanet revealed that it is most likely to provide 21 million shares to elevate funds for extra BTC acquisition. Based on its official post on X, the firm uses these shares of 0% discount rate relocating strike warrants. In exchange, it expects to raise around 116 billion yen (over 740 million in USD). The company’s supply purchase duration will start from Feb 18, 2025, to Feb 17, 2027

This raising planned by Metaplanet marks among the biggest capital raises in Oriental Equity Markets Background. Adding to its previous BTC holdings, the company is going to increase these funds to buy even more Bitcoins.

Metaplanet Holds Over 1, 700 BTC

The Metaplanet is among the popular Tokyo Stock Exchange-provided companies and is famously understood for its BTC acquisitions. One of the most recent BTC acquisitions of the firm happened in December 2024 The company acquired around 620 BTC for 9 5 billion yen, which is over 60 million in USD, enhancing their BTC holdings to 1, 761 BTC.

Earlier this month, Metaplanet’s chief executive officer disclosed their enthusiastic plans to raise their BTC holdings to 10, 000 BTC by the end 2of 025 In addition, they likewise intend to take advantage of collaborations to advertise BTC fostering in Japan.

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