BREAKING
248d 19h ago

Metaplanet Launches Asia’s Largest $5.4 Billion Bitcoin Equity Financing Plan Aiming for 210,000 BTC by 2027

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Metaplanet, a publicly traded Japanese firm, has unveiled an unprecedented Bitcoin-focused equity financing initiative valued at approximately 770.9 billion yen (around $5.4 billion). This strategic move involves the issuance of 5.55 billion new shares via floating strike price warrants, leveraging the company’s notable stock price volatility and robust market liquidity to optimize capital inflow.

The capital raised will underpin Metaplanet’s ambitious cryptocurrency accumulation strategy, targeting ownership of 100,000 BTC by 2026. The firm further projects an increase to 210,000 Bitcoins by 2027, representing a significant 1% of the total Bitcoin supply. This positions Metaplanet as a major institutional player in the digital asset space, reflecting growing corporate confidence in Bitcoin’s long-term value proposition.

Share News:
Don't Miss Breaking News