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Metaplanet Raises $515M on First Day of $5.4B Bitcoin Plan

  • Metaplanet raised $515 million on the first day of its $5.4 billion Bitcoin plan through a stock issuance.
  • EVO Fund exercised 540,000 stock acquisition rights, resulting in the issuance of 54 million new shares.
  • The program aims to issue a total of 555 million new shares, equaling approximately 92% of Metaplanet's total outstanding shares.
  • Metaplanet's goal is to acquire 1% of Bitcoin’s fixed 21 million supply, positioning itself as a major corporate BTC accumulator.

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