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Metaplanet to Raise $137M to Increase Bitcoin Holdings

Published by
Sohrab Khawas

Tokyo-listed Metaplanet has launched a $137 million stock offering to fund further Bitcoin purchases, reinforcing its aggressive strategy to build one of the largest corporate Bitcoin treasuries. The company plans to issue new shares and stock acquisition rights to raise about ¥20.7 billion, with most proceeds earmarked for buying more Bitcoin and supporting its Bitcoin income business. Metaplanet, already among the top global corporate holders of Bitcoin, aims to deepen its exposure as institutional interest in digital assets grows.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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