Metaplanet Files $3.7B Shelf Registration to Fund More Bitcoin Buys

Tokyo-listed Metaplanet Inc. announced Friday it has filed a shelf registration statement to potentially issue up to ยฅ555 billion ($3.7 billion) worth of perpetual preferred shares, aiming to fund its strategy of acquiring more bitcoin. The move is part of the companyโ€™s ambitious โ€œBitcoin Plan,โ€ targeting the accumulation of 210,000 bitcoin between 2025 and 2027. […]

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