The Japanese Metaprenet Company, listed on the Tokyo Stock Exchange, has created a $515 million collection aimed at increasing Bitcoin (BTC) reserves as part of its financial strategy focusing on digital currency.
This collection is part of the «555 million plans«, meaning it will issue 555 million new actions. It amounts to 92% of stocks in circulation and earns $5,000 million destined to buy Bitcoin.
In the business, EVO Fund, a major investor in Metaprenet, exercised 540,000 acquisition rights, bringing it to 54 million new shares. It directly contributed to the $515 million obtainedshows the documents published by the company.
Additionally, the company plans to inject $5,000 million into its US subsidiary to accelerate its global expansion.
Through this strategy, Metaprenet aims to reach 30,000 BTC by the end of 2025, with a long-term target of 100,000 BTC in 2026 and 210,000 BTC by 2027.
Currently, as reported by Cryptootics, the company owns 11,111 BTC. What to put it as Bitcoin’s 8th corporate holderabove and near Tesla (11,509 BTC) in Canada.
With this business, Metaplanet is integrating its position among the 10 public companies with the largest Bitcoin reservations, and promoting the objective of consolidating digital currency as a strategic reserve asset.
(tagstotranslate)bitcoin(btc)
