Metaplanet Raises $150 Million to Strengthen Bitcoin Holdings Amidst Market Volatility

Metaplanet has secured a $150 million funding round to increase its Bitcoin holdings, defying market downturns and demonstrating confidence in the cryptocurrency’s long-term potential. The company utilized MARS and MERCURY preferred shares for financing, enabling them to acquire Bitcoin without diluting existing shareholder equity. This move signals a significant commitment to Bitcoin adoption as Metaplanet looks to bolster their financial resources through strategic investments.