Metaplanet exports in Japan 21 million shares to buy more BTC
- Metaplanet has announced the release of 21 million shares for more BTC with its money.
- The Japanese company currently owns about 1761 BTC and plans to increase it to 10,000 BTC by the end of the year.
Metaplanet, also known as the Japanese Microstrategy, has turned again all the eyes towards it with its last announcement. The company plans to gain more bitcoin and increase its current possessions. While Microstrategy is the leading global company that is unabated BTC, metaplanet publishes newspaper addresses in its footsteps.
*Metaplanet issues 21 million shares $ BTC; The biggest capital increase in the history of the Asian stock markets to buy BTC* pic.twitter.com/dhi5ft4iki
– Metaplanet Inc. (metaplanet_jp) January 28, 2025
metaplanet Declare It will make 21 million shares to raise money to buy an additional BTC. Based on its official publication on X, the company offers these shares of 0 % moving orphanage orders. On the other hand, you expect about 116 billion yen (more than 740 million US dollars). The acquisition period on the company’s shares will start from February 18, 2025 to February 17, 2027.
This increase in Metaplanet determines one of the largest capital in the history of Asian stock markets. In addition to the former BTC Holdings, the company will collect this money to buy more bitcoin.
Metaplanet has more than 1700 BTC
Metaplanet is one of the companies listed on the famous Tokyo Stock Exchange, which is popularly known for its BTC purchases. A purchase of the last BTC was performed in December 2024. The company bought about 620 BTC for 9.5 billion yen, which is more than $ 60 million, which increased its share in BTC to 1761 BTC.
Earlier this month, CEO of Metaplanet open Their ambitious plans to increase their BTC holdings to 10,000 BTC by the end of 2025. Moreover, they also plan to benefit from partnerships to enhance BTC’s dependence in Japan.
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