Japanese firm Metaplanet made a major announcement with its Board of Directors approving an additional $5 billion in “capital allocation” towards building its Bitcoin Treasury. This massive capital allocation will happen to its fully owned US subsidiary, trading with the MTPLF stock ticker. The Japanese firm said that this move will fund the 30,000 Bitcoin acquisition plan by year-end.
crypto 353
06/24 11:28
Breaking: Metaplanet Allocates $5 Billion for Bitc
Breaking: Metaplanet Allocates $5 Billion for Bitcoin Treasury in US
Metaplanet has approved an additional $5 billion capital allocation to its U.S. subsidiary to fund its Bitcoin Treasury "555 Million Plan".
- Metaplanet is planning for aggressive Bitcoin purchases with recent $5 billion plan.
- The company has entered a new expansion phase to accelerate the implementation of its “555 Million Plan".
- Metaplanet’s U.S. expansion highlights its strategy to build a globally integrated treasury model, boosting shareholder value.
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