The Metaplanet project plans to raise approximately $135 million in funding, with the proceeds mainly used to increase its Bitcoin holdings.

The Metaplanet project plans to raise approximately $135 million in funding, with the proceeds mainly used to increase its Bitcoin holdings.

BlockBeats

BlockBeats2026/01/29 10:07

BlockBeats News, January 29th, the board of directors of Japan's Bitcoin Custodian (DAT) company Metaplanet has passed a resolution to issue common stock and 25th tranche subscription rights through a third-party allotment, with a planned total financing amount of approximately $135 million. The funds raised will be mainly used to increase holdings of Bitcoin and invest in Bitcoin yield businesses, while also repaying some of the credit line borrowings.

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