Metaplanet to Issue New Shares for Bitcoin Purchase…Estimated at $837 Million

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Summary

Metaplanet announced plans to issue new shares to acquire additional Bitcoin.
The new shares will be offered to overseas investors, and the estimated fundraising amount is between $837 million and $881 million.
Currently, Metaplanet holds 18,991 BTC and is ranked 7th worldwide among listed companies by Bitcoin reserves.

Metaplanet, recognized as a strategic player in Japan, will issue new shares to raise funds for an additional purchase of Bitcoin (BTC).

On the 27th (local time), Metaplanet announced on X (formerly Twitter), "We plan to issue new shares to raise funds for a Bitcoin purchase," and added, "A total of 555 million new shares will be issued to overseas investors outside Japan."

The issue price will be finalized in September. However, industry sources estimate that the raised funds will range between $837 million and $881 million.

Currently, Metaplanet holds 18,991 BTC, ranking 7th globally among listed companies for Bitcoin reserves.

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