Metaplanet’s ambitious $5.4B Bitcoin acquisition plan sets sights on 210k BTC

Metaplanet has launched what it calls Asia’s largest equity raise dedicated to Bitcoin. According to CEO Simon Gerovich, the company is issuing 555 million shares through moving strike warrants in a ¥770.9 billion ($5.4 billion) capital raise. The firm has also acquired 1,088 BTC for ¥16.9 billion ($117.5 million), increasing its on-chain holdings to 8,888 […]