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Metaplanet plans to raise approximately $135 million in new financing, primarily for increasing Bitcoin holdings
Summary: According to reports, the board of directors of Japan's Bitcoin crypto treasury company Metaplanet has approved the issuance of common stock and the 25th series of share subscription rights through third-party placements, with a planned total financing amount of approximately $135 million. The funds raised will be primarily used to increase Bitcoin holdings and invest ...
According to reports, the board of directors of Japan's Bitcoin crypto treasury company Metaplanet has approved the issuance of common stock and the 25th series of share subscription rights through third-party placements, with a planned total financing amount of approximately $135 million. The funds raised will be primarily used to increase Bitcoin holdings and invest in Bitcoin revenue-generating businesses, while also repaying some credit line borrowings.
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Link: Metaplanet plans to raise approximately $135 million in new financing, primarily for increasing Bitcoin holdings [Copy]
