Metaplanet's Strategic Expansion in Bitcoin Holdings
Metaplanet Inc., a leading Japanese Bitcoin firm, has unveiled an ambitious plan to raise approximately $745 million. This strategic move is designed to enhance its corporate Bitcoin holdings significantly, aiming for a total of 21,000 Bitcoin by the end of 2026.
Unprecedented Equity Capital Raise in Asia
This initiative marks the largest equity capital raise for Bitcoin in Asia, with the issuance of 21 million shares. The funds will bolster the company's 2025-2026 Bitcoin Plan, which sets a target of acquiring 10,000 Bitcoin by the end of 2025.
Maximizing Shareholder Value Through Bitcoin
"Our mission is to maximize Bitcoin per share for our shareholders. Bitcoin is not just an asset; it’s the exit strategy," stated Dylan LeClair, Metaplanet's Director of Bitcoin Strategy. With over 1,700 Bitcoin already in its treasury, the company is on a steadfast path to achieving a 35% Bitcoin yield per quarter by 2025.
Comments