Content
@
0 reply
20 recasts
20 reactions
Leonar
@botanic
🇯🇵 Metaplanet plans to raise $5.3B through a record-breaking issuance of 555M shares via warrants to buy Bitcoin 🚀96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027. The move is a hedge against Japan’s negative interest rates and yen devaluation. This is Japan’s largest-ever warrant issuance — and the first with floating strike prices. Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year — a wild comeback after a decade-long slump.
0 reply
0 recast
2 reactions
