Metaplanet announces launch of approximately $5.4 billion Bitcoin equity financing plan

BlockBeats News: On June 6th, Simon Gerovich, CEO of Japanese listed company Metaplanet, announced on social media that Metaplanet has launched the largest ever Bitcoin related equity financing plan in Asia: with a financing scale of 770.9 billion yen (approximately 5.4 billion US dollars), 555 million new shares will be issued through "floating exercise warrants" at a premium above the market price, thanks to the high volatility and strong liquidity of Metaplanet's stock price. Metaplanet plans to hold 100000 BTC by the end of 2026, and by the end of 2027, the number of bitcoins will reach 210000, accounting for 1% of the total amount of bitcoins