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News Explorer — Japanese Firm Metaplanet to Raise Another $62M For Bitcoin Buys

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Nov 29, 3:21 pm
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Japanese Firm Metaplanet to Raise Another $62M For Bitcoin Buys

Metaplanet, a Japanese investment firm, plans to raise ¥9.5 billion ($62 million) to increase its Bitcoin holdings, citing the growing prominence of Bitcoin and the depreciating Japanese yen. The company will issue stock acquisition rights to fund the purchase of additional Bitcoin.

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