Metaplanet Files to Raise $3.6B via Preferred Stock Program to Fund Bitcoin Treasury
Japanese Bitcoin investment firm Metaplanet filed a shelf registration on August 1 to raise up to 555 billion yen ($3.6 billion) through perpetual preferred stock issuance. This marks its most ambitious financing plan to support the acquisition of 210,000 Bitcoin by 2027. The company simultaneously proposed amendments to increase authorized shares to 2.72 billion and…
