Japanese firm Metaplanet to invest $58.76 million in Bitcoin

Metaplanet Inc. announced a gratis allotment of its 11th series of stock acquisition rights to all common shareholders during the company’s board of directors meeting.

The decision was made to raise approximately 10 billion Japanese yen worth around $69.13 million, with 8.5 billion yen worth $58.76 million set for investment in Bitcoin.

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