simon gerovich

Metaplanet raised $255M to expand their Bitcoin holdings, targeting 210,000 BTC and new ventures.

Metaplanet is expanding its strategy beyond holding Bitcoin, announcing the launch of two subsidiaries.

Metaplanet finalized a $1.4B international share offering to fund major Bitcoin purchases and expand its Bitcoin income business, reinforcing its strategy to adopt BTC as its primary reserve asset.

At Metaplanet’s recent extraordinary general meeting (EGM) for shareholders, the company announced that it now holds 20,000 bitcoin and that it has plans to acquire 190,000 more within the next two years with the help of Metaplanet Prefs, a new preferred equity offering.