Metaplanet has announced the launch of a approximately $5.4 billion Bitcoin equity financing plan.

Blockbeats
06-06

BlockBeats News, June 6th, Simon Gerovich, CEO of the Japanese publicly traded company Metaplanet, announced on social media that "Metaplanet has launched the largest-ever Bitcoin-related equity financing plan in Asia: with a financing size of 770.9 billion yen (approximately $5.4 billion), issuing 5.55 billion new shares through 'floating strike price warrants' at a premium to the market price, benefiting from Metaplanet's high stock price volatility and strong liquidity."

"Metaplanet plans to hold 100,000 BTC by the end of 2026. By the end of 2027, the number of Bitcoins will reach 210,000, accounting for 1% of the total Bitcoin supply."

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