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BTC Holder Metaplanet Raises $66M Through Stock Acquisition Rights Exercise

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Metaplanet Inc. has successfully raised 10 billion yen by completing its 11th stock acquisition rights exercise.

The rights were issued at no cost, with one stock acquisition right granted for every ordinary share held. The operation ran from September 6 to October 15, during which shareholders could either use their rights or let them expire.

 

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MetaPlanet Raises $66 Million Through Stocks Acquisition Rights ProgramAs the senior analyst at CoinDesk, James specializes in Bitcoin and the macro environment. Previously, his role as a research analyst at Swiss hedge fund Saidler & Co. introduced him to on-chain analytics. He monitors ETFs, spot and futures volumes, and flows to understand Bitcoin.
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