Japanese Bitcoin treasury company Metaplanet has unveiled plans to raise over JPY 130 billion through an international share sale. Most of the proceeds earmarked for new Bitcoin purchases. Tokyo-based firm already ranks as the seventh-largest corporate Bitcoin holder, with 18,991 BTC valued at about $2.1 billion.

Japanese Bitcoin treasury company Metaplanet has unveiled plans to raise over JPY 130 billion through an international share sale. Most of the proceeds earmarked for new Bitcoin purchases. Tokyo-based firm already ranks as the seventh-largest corporate Bitcoin holder, with 18,991 BTC valued at about $2.1 billion.

Source: https://cryptoslate.com/japan-based-metaplanet-aims-to-raise-880m-from-overseas-investors-for-bitcoin-buying-spree/