Metaplanet, a company listed in Japan, plans to issue new shares if its stock price rises by 5%, allowing it to fund further Bitcoin purchases. If the stock price reaches 637 yen, Metaplanet can issue up to 210 million new shares. The company currently holds 35,102 BTC and intends to use the proceeds primarily to acquire more Bitcoin.
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Metaplanet Targets 5% Stock Rise to Expand Bitcoin Holdings via New Shares
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