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TechFlow news, August 27 — According to a Metaplanet announcement, the company plans to issue up to 555 million ordinary shares in overseas markets, expecting to raise approximately 130.334 billion JPY (about 887 million USD) in net proceeds.
The announcement stated that approximately 123.818 billion JPY of the raised funds will be used for purchasing Bitcoin, and 6.516 billion JPY will be allocated to Bitcoin yield-generating operations.
According to a Metaplanet announcement, the company plans to issue up to 555 million ordinary shares in overseas markets, expecting to raise approximately 130.334 billion JPY (about 887 million USD) in net proceeds. The announcement states that about 123.818 billion JPY of the raised funds will be used for purchasing Bitcoin, and 6.516 billion JPY will be allocated to Bitcoin yield-generating operations.
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