Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s broader plan to expand its cryptocurrency holdings and hedge against currency depreciation. The company, which currently holds around 246 […]Bitcoin NewsRead More
Related Posts
Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap
EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, […]
Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the World
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the […]
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current […]