Metaplanet Announces $1.44 Billion Share Offering to Purchase Bitcoin

TLDR Metaplanet is raising $1.44 billion through a 385 million share offering priced at $3.75 per share The company plans to use approximately $1.2 billion to purchase additional Bitcoin Metaplanet currently holds 20,137 BTC, making it the sixth-largest public Bitcoin holder The share offering represents a 9.9% discount to Metaplanet’s Tuesday closing price Despite a [...]

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