Metaplanet to Raise $1.2B, $835M for Bitcoin Buys
Japanese investment company Metaplanet approved a plan to raise 180.3 billion yen ($1.2 billion) through an overseas share issuance, with almost $835 million set aside for Bitcoin purchases. According to a Wednesday filing, the company plans to issue up to 555 million new shares, which could increase its total outstanding stock from 722 million to…
