Metaplanet Inc. successfully raised $66 million by selling stock rights to fund future ventures, particularly focusing on Bitcoin's potential growth. This fundraising initiative underscores the company's strong confidence in Bitcoin and emerging technological landscapes.
The capital was procured through the exercise of its 11th stock acquisition rights, affirming investors' trust in Metaplanet's strategic vision. Between September 6 and October 22, 2024, 18 million units were fulfilled, marking a significant milestone in the company’s fundraising efforts.
