Japanese firm Metaplanet has raised around $255 million to boost its Bitcoin buying strategy. The funds were collected by issuing new shares to global investors as part of a larger plan that could raise over $500 million in total.
The company priced its new shares slightly above the current market price, showing investor confidence. It also introduced special warrants that could bring in more funds if exercised in the future.
A unique feature of this fundraising is a mechanism that ensures any new share issuance increases Bitcoin holdings per share. This helps protect existing investors from dilution and keeps the company focused on its core strategy.
Metaplanet has also paused some earlier share-related plans to prioritise this new structure. The goal is clear: grow its Bitcoin reserves steadily.
Currently, the company holds over 35,000 Bitcoin and aims to reach 210,000 BTC in the long term. Its stock reacted positively, rising about 5% as Bitcoin prices crossed $73,000.
Metaplanet is now among the top corporate Bitcoin holders globally and continues to follow an aggressive accumulation strategy similar to other major players.
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