Japan-based Metaplanet aims to raise $880M from overseas investors for Bitcoin buying spree

Japanese Bitcoin treasury company Metaplanet has unveiled plans to raise over JPY 130 billion (equivalent to around $880 million) through an international share sale, with most of the proceeds earmarked for new Bitcoin purchases. The firm disclosed on Aug. 27 that its board approved the issuance of up to 555 million new shares. If shareholders The post Japan-based Metaplanet aims to raise $880M from overseas investors for Bitcoin buying spree appeared first on CryptoSlate.