Metaplanet's $5.4B Plan to Acquire 210K Bitcoin Sparks Surge
TL;DR Summary
Metaplanet's shares surged over 12% after announcing a plan to raise $5.4 billion to acquire up to 210,000 Bitcoin by 2027, potentially making it the second-largest public holder of Bitcoin, with its stock rising significantly following the news.
- Metaplanet shares jump after $5.4B plan to buy Bitcoin Cointelegraph
- Bitcoin Buyer Metaplanet Jumps on $5.4 Billion Fundraising Plan Bloomberg
- Bitcoin $110K 'bull trap' concerns, James Wynn loses $25M BTC: Hodler’s Digest, June 1 – 7 Cointelegraph
- Metaplanet soars on $5.4B share offering plan to amass 210K Bitcoin by 2027 (MTPLF:Grey Market) Seeking Alpha
- Metaplanet Is Taking The Brakes Off: 91,000 Bitcoins Or Nothing By 2026 Cointribune
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