Metaplanet, a publicly traded firm located in Japan, has announced plans to raise approximately 9.5 billion yen, which equals about $62 million. The funds will be secured through a newly proposed issuance of stock subscription rights.
This initiative is part of Metaplanet's strategy to enhance its Bitcoin accumulation efforts. The company is taking proactive measures to strengthen its position in the cryptocurrency market by garnering substantial financial resources through stock rights.
