Metaplanet Goes All In On Bitcoin, Plans to Raise $5.4B to Buy Bitcoin
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Japanese investment firm Metaplanet has announced a whopping $5.4 billion equity financing plan to add more Bitcoin to its reserve. As part of the scheme, the firm plans to issue 5.55 billion new shares through floating strike price warrants, taking advantage of its stock’s volatility and market demand. Significantly, this move bolsters the company’s ambitious
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14h ago•
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