Metaplanet OKs $884M Raise, Eyes $3.8B Preferred While its Bitcoin ‘Flywheel’ Stalls
Metaplanet Inc. has secured shareholder approval to boost as much as $884 million by an abroad share sale, at the same time as questions mount over the sustainability of its aggressive Bitcoin accumulation technique. The transfer marks the newest pivot for the Tokyo-based firm, as soon as a struggling lodge operator, now one of many…
