Metaplanet Raises $5.4 Billion for Bitcoin Acquisition
- Japanese company Metaplanet raised $5.4 billion in Asia to purchase Bitcoin.
- The goal is to control 1% of all Bitcoins globally.
- Metaplanet plans to acquire 10,000 BTC by the end of 2025 and reach 210,000 BTC by 2027.
- This is the largest equity raise in Asia dedicated exclusively to Bitcoin.
- CEO Simon Gerovich issued 555 million shares through moving strike warrants, totaling over ¥770.9 billion.
Metaplanet’s record-breaking $5.4 billion capital raise marks a significant milestone in cryptocurrency investment, aiming for substantial Bitcoin acquisition targets by leveraging innovative financial strategies.
Source (2.6)https://hodl.press/metaplanet-invests-5-4b-in-bitcoin-asias-record-fundraising/?rand=24434
