Metaplanet Seeks $880M in Overseas Markets as Bitcoin Strategy Faces Headwinds

TLDR Metaplanet’s stock has dropped 54% since mid-June despite Bitcoin’s gains The company holds 20,000 Bitcoin (worth over $2 billion) and aims for 100,000 BTC by 2026 Falling share prices threaten the company’s fundraising model based on MS warrants Metaplanet plans to raise $880 million through overseas share offerings and potentially $3.7 billion through preferred [...]

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