Metaplanet (3350) to Raise $1.4B in International Share Sale, Stock Jumps 16%
24 Articles
24 Articles
Metaplanet (3350) to Raise $1.4B in International Share Sale, Stock Jumps 16%
Metaplanet (3350), the largest Japanese bitcoin (BTC) treasury company, plans to raise a net 204.1 billion yen ($1.4 billion) in an international share sale to bolster its holdings of the largest cryptocurrency.The Tokyo-based company, which already owns 20,136 BTC and has the sixth-largest stash among publicly traded companies worldwide, said it priced the 385 million new shares at 553 yen each. Its stock surged 16% to 714 yen on Wednesday on r…
Bitcoin Treasury Firm Metaplanet to Issue New Shares; Nakamoto Holdings Plans $30M Investment
This week, KindlyMD’s bitcoin-focused subsidiary, Nakamoto Holdings, said it will invest up to $30 million in Metaplanet as the Tokyo-listed firm proceeds with an international offering of 385 million new shares to fund its ongoing bitcoin accumulation program. KindlyMD’s Bitcoin Treasury Arm Joins Metaplanet Raise With Up to $30M KindlyMD, Inc. (Nasdaq: NAKA) described the […]
Metaplanet raised $1.4 billion in an international share offering to boost its treasury strategy. The growth demonstrates how Metaplanet's Bitcoin accumulation is redefining the company's identity while positioning Japan at the forefront of institutional cryptocurrency adoption. Historic capital raise for digital assets: Metaplanet increased its share offering from 180 million to 385 million shares at a price of ¥553 ($3.75) each, totaling appro…
Metaplanet raises $1.4 billion to strengthen its Bitcoin purchases, bringing its already substantial stock from 20,136 BTC to an unprecedented level among listed companies. Nakamoto Holdings, founded by Donald Trump's crypto advisor, invests $30 million, resulting in an increase of 77% of its share and emphasizing the strategic appeal of the transaction. The emission of 385 million new shares dilutes capital, but Metaplanet assumes this choice b…
Metaplanet Raises $1.45 Billion in Share Offering to Expand Bitcoin Holdings
Tokyo-listed Metaplanet Inc. has completed a major share offering worth approximately $1.45 billion (¥205.4 billion), with the majority of proceeds earmarked for Bitcoin purchases as the company continues its pivot toward cryptocurrency as a treasury asset.The capital raise marks one of the largest Bitcoin-focused fundraising efforts by a Japanese public company, reflecting growing institutional interest in cryptocurrency as a treasury asset ami…
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