Metaplanet plans to raise $3.7 billion to boost massive Bitcoin purchase plan "
Internet reports that Japanese investment company Metaplane has applied to raise US$3.7 billion through preferred shares to fund Bitcoin purchases in order to achieve its goal of reaching 210,000 BTC by 2027. The proposed share issue represents 75% of its current market value and requires shareholder approval on September 1. Metaplanet said it had no specific plans to issue preferred shares and was uncertain whether such an offering would occur.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
