The Japanese listed company Metaplanet boosts Bitcoin investment with 5 billion USD for its subsidiary in the United States
On June 24, Metaplanet Inc., a publicly listed cryptocurrency company in Japan, announced that its board of directors approved additional funding of up to 5 billion USD for its wholly-owned subsidiary in the United States – Metaplanet Treasury Corp, based in Florida. This move aims to enhance global Bitcoin treasury management and increase deployment capabilities in international markets.
Objective to enhance Bitcoin treasury through the subsidiary in the United States
On May 1, Metaplanet announced the establishment of Metaplanet Treasury Corporation as a strategic effort to strengthen Bitcoin treasury operations. This capital increase was raised from the subscription rights of series 20 to 22. All the capital received will be used to purchase additional Bitcoin, in accordance with the previously announced plan.
Strategic impact on global cryptocurrency positioning
This 5 billion USD investment is not only a financial commitment but also a strategy to expand influence within the international cryptocurrency ecosystem. The additional ownership of a massive amount of Bitcoin will help Metaplanet optimize digital asset governance, enhance liquidity, and maintain flexible operations in a volatile market. This is also a sign that Japanese businesses are increasingly focusing on seizing opportunities from global digital assets.
Thus, Metaplanet's new move clearly reflects the positive trend as professional financial institutions intensify their accumulation of cryptocurrencies, strengthening asset power globally, while expanding their ability to participate in and coordinate today's volatile market.
Source: https://tintucbitcoin.com/metaplanet-nang-von-5-ty-usd-my/
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