Metaplanet Plans $137M Stock Offering to Buy More Bitcoin
Metaplanet plans to raise $137M via a stock offering to buy more Bitcoin as BTC trades near $87,400 and short-term momentum weakens.
Coinlytx
Top Crypto News: Bitcoin, Ethereum & Altcoins
Coinlytx
Top Crypto News: Bitcoin, Ethereum & Altcoins
Tag Metaplanet
Metaplanet Gets $100M Bitcoin-Backed Loan to Buy More Crypto
Quick Takeaways Metaplanet Borrows $100 Million Against Bitcoin Holdings to Buy the Dip Japan’s Metaplanet Inc. has borrowed $100 million against its bitcoin holdings to purchase more of the digital asset, reaffirming its long-term commitment to Bitcoin accumulation amid a…
Metaplanet Accesses $500M Credit Line Using Bitcoin as Collateral
Quick Takeaways Metaplanet Expands Bitcoin Treasury Strategy With $500M Credit Line Japan-free-base Metaplanet has unveiled a $500 million credit facility secured by its Bitcoin holdings. The move aims to strengthen its treasury management and put up its ¥75 billion ($500…
Metaplanet Expands Global Bitcoin Treasury Strategy
Quick Takeaways Metaplanet Is Going All-In on Bitcoin, Raising $1.38B If you haven’t heard of Metaplanet yet, you will soon. The Tokyo-based investment firm just announced plans to raise a whopping $1.38 billion by selling 385 million new shares in…
Metaplanet Expands Crypto Holdings With $11.6M Bitcoin Buy
Quick Takeaways Metaplanet Doubles Down on Crypto Again Metaplanet isn’t slowing down. At an average price of roughly $113,491 per coin, the Japanese investment firm recently made another significant cryptocurrency wager, purchasing 103 Bitcoin for $11.6 million. With this purchase,…
Metaplanet Holdings Climb to 18,113 BTC Worth $1.85B
Quick Highlights Metaplanet Holdings Make Another Big Bitcoin Move Metaplanet Holdings is back in the spotlight and for good reason. The Tokyo-based company recently increased its growing cryptocurrency treasury by 518 Bitcoin. This raises their total holdings to 18,113 Bitcoin,…