Japanese investment firm Metaplanet has revealed a significant fundraising initiative, intending to raise 9.5 billion yen, equivalent to approximately $62 million. The firm aims to achieve this through a stock acquisition strategy.
This move is part of Metaplanet's broader plan to strengthen its investment in Bitcoin, reflecting growing institutional interest in the leading cryptocurrency. The funds will likely be directed towards expanding their Bitcoin portfolio, suggesting confidence in Bitcoin’s future potential and market stability.
Source: cryptodaily.co.uk ↗