Metaplanet (3350) to Raise $1.4B in International Share Sale, Stock Jumps 16%
26 Articles
26 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 Hits Record Volume Ahead of $1.45B Bitcoin Raise
Metaplanet completed a $1.45B share sale, directing funds primarily toward Bitcoin purchases. With 20,136 BTC, Metaplanet is the sixth-largest public corporate Bitcoin holder globally. Nakamoto Holdings invested $30M in Metaplanet, boosting its Bitcoin strategy. Metaplanet, a Tokyo-listed company, recently completed a $1.45 billion share sale, marking a pivotal shift in its strategy. The international offering, priced at ¥553 per share ($3.73), …
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…
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