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Metaplanet Inc., a Tokyo-listed firm, is ramping up its Bitcoin acquisition strategy by seeking to raise $3.7 billion through preferred shares. The company aims to significantly expand its BTC holdings, targeting 210,000 BTC by 2027.
- Metaplanet aims to raise $3.7B via perpetual preferred shares to boost Bitcoin purchases, targeting 210,000 BTC by 2027.
- The company increased its authorized shares to 2.723B, enabling greater financial flexibility for crypto acquisitions.
- With 17,132 BTC, Metaplanet ranks 7th globally in corporate Bitcoin holdings, surpassing Galaxy Digital.
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Related Tags: Bitcoin
Other Tags: Metaplanet, Metaplanet Inc., Tokyo Stock Exchange, Treasury