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Japan’s MetaPlanet to Raise $150M for Bitcoin Expansion

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Credit : coinpedia.org

Metaplanet, a Tokyo-listed firm, is issuing $150 million in Class B perpetual most well-liked shares to additional develop its Bitcoin holdings. The cash raised will present a set annual dividend of 4.9% and can assist additional Bitcoin acquisitions as a part of Metaplanet’s aggressive progress technique. Metaplanet at the moment owns over 30,000 BTC and is seeking to strengthen its place as one among Asia’s largest company Bitcoin holders, combining conventional finance with crypto innovation.

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