Metaplanet Raises Billions in Bitcoin Funding via Dual-Class Shares

Metaplanet, a prominent Bitcoin investor based in Japan, has secured shareholder backing for a major fundraising initiative aimed at expanding its holdings. The company recently received approval to revamp its capital structure and introduce a dual-class stock system that could unlock billions of dollars in funding. This move comes amidst recent market volatility but reflects Metaplanet’s commitment to bolstering its Bitcoin reserve.