According to Mars Finance, on March 16, Coindesk reported that Tokyo-listed Metaplanet raised approximately $255 million from institutional investors through a private placement at a 2% premium. If all accompanying warrants are exercised, it could raise an additional $276 million. The funds will be used to advance its goal of holding 210,000 BTC.
Metaplanet raised $255 million to continue increasing its Bitcoin holdings, and may be able to raise another $276 million.
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