Express

Metaplanet to Issue 385 Million Shares, Raising Approximately 2.13 Trillion Yen to Purchase Bitcoin

Summary: According to reports, Metaplanet has announced that it will issue 385 million shares through international issuance at a price of 553 yen per share, with an expected total fundraising amount of approximately 2.13 trillion yen (about 14.44 billion USD). Around 1.84 trillion yen of the funds raised will be used to purchase Bitcoin, while approximately ...

According to reports, Metaplanet has announced that it will issue 385 million shares through international issuance at a price of 553 yen per share, with an expected total fundraising amount of approximately 2.13 trillion yen (about 14.44 billion USD). Around 1.84 trillion yen of the funds raised will be used to purchase Bitcoin, while approximately 20.4 billion yen will be allocated to Bitcoin revenue generation business. Following the issuance, the company's total shares outstanding will increase to 1.141 billion shares.

Last Update:

Tags:
Link: Metaplanet to Issue 385 Million Shares, Raising Approximately 2.13 Trillion Yen to Purchase Bitcoin [Copy]

Last: Grayscale Submits Multiple ETF Applications to SEC, Plans to Expand Altcoin Spot Product Line

Next: US SEC Delays Decision on Bitwise and Grayscale Crypto ETFs to November

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 3 days ago

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 7 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 10 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 14 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 15 days ago