Metaplanet, which is likened to the 'MicroStrategy of Asia', has successfully raised 10 billion yen (about $67 million) through the sale of shares to drive its 비트코인(BTC) acquisition strategy. Although it has succeeded in raising capital, the company's share price has fallen 5.85% to below 1,200 yen, but it still maintains an impressive 644% increase from the beginning of the year.
The Japanese company has completed its 11th round of stock option issuance, with the participation of 13,774 individual shareholders. EVO FUND has fully exercised the options and committed to completing the remaining options by October 22, 2024, ensuring that Metaplanet will raise the full 10 billion yen.
Following in the footsteps of MicroStrategy, Metaplanet is aggressively pursuing a 비트코인(BTC) acquisition strategy, and currently holds over 850 BTC, all of which were purchased since May 2024. The company has also diversified its strategy by engaging in 비트코인(BTC) options trading with QCP Capital, generating over $2 million in profits.
Currently, 비트코인(BTC) is facing selling pressure around the $69,000 level, trading down 2% at $67,389.12. Metaplanet aims to continue increasing its 비트코인(BTC) holdings as long as the price remains below $70,000. Just in early October, the company has purchased a total of 4 billion yen worth of 비트코인(BTC).
