Metaplanet raised $50 million by staking Bitcoin to purchase more Bitcoin.

PA一线
PA一线

PANews reported on December 5th that, according to BitcoinTreasuries.NET, Japanese listed company Metaplanet announced it has raised $50 million using Bitcoin as collateral to purchase more Bitcoin.

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Metaplanet disclosed that it spent approximately $451 million to purchase 4,279 Bitcoins in Q4.
PA一线

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Metaplanet, a Japanese listed company, has seen its market capitalization fall below the value of its Bitcoin reserves.
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Metaplanet shareholders approve plan to raise up to $3.8 billion to buy more Bitcoin
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Metaplanet, an Asian "micro-strategy" platform, has stopped accumulating cryptocurrency. Is this a strategic shift or a preparation for future growth?
PA一线

PA一线

Metaplanet has not increased its Bitcoin holdings since September 30.

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