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How does Metaplanet's Bitcoin strategy compare to MicroStrategy by December 31, 2024?
2
Resolution / Starting Odds
More aggressive than MicroStrategy • 25%
Similar to MicroStrategy • 25%
Less aggressive than MicroStrategy • 25%
No clear comparison • 25%
Analysis from financial analysts or reports comparing corporate Bitcoin strategies
Story
Metaplanet Raises ¥10B ($66.28M) in 11th Stock Acquisition to Expand Bitcoin Holdings
Oct 23, 2024, 07:21 AM
Metaplanet Inc., a Japanese firm, has successfully raised 10 billion yen (approximately $66.28 million) through its 11th stock acquisition rights exercise. The capital was raised from 13,774 shareholders, including significant backing from BlackRock. This funding is intended to expand Metaplanet's Bitcoin holdings. The company, often referred to as Asia’s MicroStrategy, aims to become a major Bitcoin holder and currently holds 855.478 BTC.
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