🚨 Metaplanet Eyes $3.7B Raise — Another Massive Bitcoin Buy Incoming?
🇯🇵 Japanese investment giant Metaplanet has called for an Extraordinary General Meeting to approve the issuance of ¥555 billion ($3.7B) in perpetual preferred stock — a bold move fueling speculation of yet another huge Bitcoin acquisition.
🔍 Key Highlights:
▫️ Goal: Amass 210,000 $BTC by 2027
▫️ Recently acquired 780 $BTC ($92.5M), bringing holdings to 17,132 BTC (~$1.73B)
📊 Two classes of stock proposed:
🔹 Class A (non-convertible)
🔹 Class B (convertible)
🎯 This isn't just about treasury strategy — it's a long-term Bitcoin conviction play, signaling growing institutional confidence in BTC as a store of value.
📉 Despite recent short-term stock dips (-7.65% today, -33% over 30 days), Metaplanet shares are still up 115% in 6 months — underscoring the market's recognition of its bold vision.
🔎 As traditional finance slowly embraces digital assets, Metaplanet may be positioning itself as Asia’s MicroStrategy-in-the-making.
#Bitcoin #CryptoFinance #DigitalAssets #Metaplanet #Blockchain
https://coingape.com/metaplanet-seeks-3-7b-funding-more-bitcoin-buy/?utm_source=bnb&utm_medium=coingape