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Browsing: purpose
Metaplanet files a plans to raise 555 billion yen by issuing two separate classes of BTC-backed shares over the next two years. The funds will go to its ambitious 2027 BTC acquisition goal. Summary Metaplanet plans to pivot from common shares to preferred shares issuance to raise more funds to buy BTC.The Japanese investment company aims to hold 210,000 BTC by 2027. In a recent company notice, the Japanese investment firm and Bitcoin (BTC) treasury announced plans th