Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases
Metaplanet’s market-to-net-asset value stood at about 1.11x on Monday, a level that put the company above the threshold needed to make a novel class of warrants exercisable. Related Reading: $100K Bitcoin? Prediction Market Odds Climb To 40% Data shows the firm held 35,102 BTC, and executives say the fresh capital will be used to keep […]
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Japanese investment firm Metaplanet today announced plans to raise another 130 billion yen ($880 million) through an international share sale. Of that amount, the firm intends to allocate roughly $835 million toward purchasing additional Bitcoin (BTC). Metaplanet Eyes More Bitcoin Purchases According to a regulatory filing, Tokyo-based Metaplanet has approved a plan to raise as […]
Bitmine Immersion Technologies has been buying Ether steadily and has pushed its holdings to roughly 4.5 million tokens, a position that makes the firm one of the largest corporate holders on record. Related Reading: Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases According to reports, the latest disclosed move included an over-the-counter […]
A bitter domestic dispute has spilled into the UK High Court after a man claimed a massive Bitcoin holding vanished from his control under unusual circumstances inside his own home. Related Reading: Bitcoin Bet Deepens As Metaplanet Raises $255 Million For Future Purchases Ping Fai Yuen has accused his estranged wife Fun Yung Li of […]
Metaplanet, the Tokyo-listed firm that has been shifting into a Bitcoin treasury role, moved this week to shore up its balance sheet and add more BTC to its vault. The company cleared a plan to raise up to about $137 million through a mix of new shares and stock acquisition rights aimed at buying Bitcoin, […]
Japanese Bitcoin treasury company Metaplanet has announced a fresh BTC acquisition, adding $93 million worth of the asset to its reserves. Metaplanet Has Expanded Its Bitcoin Treasury Holdings As revealed by Metaplanet president Simon Gerovich in a new post on X, the company has acquired another 775 BTC. The purchase occurred at an average price […]