Metaplanet Announces Latest Bitcoin Position Expansion Plan
Japanese venture capital firm Metaplanet has announced its 11th series of stock acquisition rights, planning to significantly increase its Bitcoin holdings. The company will raise 299.7 million yen by exercising 540,000 stock options, with the delivery of stocks expected to begin on September 18th. Metaplanet currently holds 203.734 Bitcoins and has added another 42.47 over the past few months. The company stated that this move is part of its long-term investment strategy aimed at strengthening its position in the cryptocurrency market.
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