Metaplanet Raises $66 Million Through Stocks Acquisition Rights Program
MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights.
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Metaplanet
MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights.
Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin.
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
The announcement comes at a time when Japan’s fiscal crisis is said to be playing out in the currency market.