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Metaplanet Soars After Shareholder Approval for $3.7B Bitcoin Accumulation Plan | Cointelegraph | Login to see the signal | |
Metaplanet clears path for $3.7B Bitcoin accumulation strategySummaryMetaplanet won shareholder approval to expand shares and create dual-class preferred stock, clearing a path for up to $3.7B in fundraising to buy Bitcoin and target 210,000 BTC by 2027; it recently added 1,009 BTC, bringing holdings to 20,000 BTC. |
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Metaplanet Slides as Share Plunge Forces Big Overseas Fundraise, Threatening Bitcoin Buying | Cointelegraph | Login to see the signal | |
Metaplanet’s Bitcoin strategy faces fundraising crunch as stock sinks: ReportSummaryMetaplanet’s stock plunged 54%, straining its Bitcoin-buying "flywheel" and prompting a large overseas share and preferred-stock fundraising that could slow its BTC acquisitions and pressure the Bitcoin premium. |
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