Japan's Metaplanet Raises $87 Million to Purchase More Bitcoin

Source
Son Min

Summary

  • Metaplanet has raised $87 million for additional Bitcoin purchases, according to reports.
  • This fundraising was conducted through a third-party allotment capital increase.
  • Metaplanet's current Bitcoin holdings are 2,391 coins, with an average purchase price of around $82,100.

Japan's strategy company Metaplanet has raised funds to purchase additional Bitcoin (BTC).

On the 4th (local time), Bitcoin Magazine revealed through X that "Metaplanet has raised $87 million in funds to purchase more Bitcoin." This amounts to approximately 127 billion won. The fundraising was conducted through a third-party allotment capital increase.

The day before, Metaplanet had purchased an additional 156 BTC. Their current Bitcoin holdings are 2,391 coins, with an average purchase price of around $82,100.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?