Japanese investment firm Metaplanet has successfully completed its 11th series of stock acquisition rights, raising $66 million. This event attracted the attention of over 13,000 shareholders.

Investment Through Shareholders

Shareholders of Metaplanet had the right to purchase more shares at a set price. This helped the company raise funds and allowed shareholders to enhance their stake in the business. The period for exercising rights was from September 6 to October 15. Evo Fund stood out by increasing its stake in the company to 14.9%, indicating strong belief in Metaplanet's long-term strategy.

Increasing Metaplanet's Bitcoin Assets

On October 15, Metaplanet's shares soared by 15.7% following its announcement of purchasing 107 BTC, bringing its total Bitcoin holdings to 855.5 BTC. The acquisition cost the company $6.7 million. This aggressive Bitcoin acquisition strategy has significantly influenced the rise in Metaplanet's stock price, which has increased by 480% since April.

Metaplanet Among Corporate BTC Holders

Despite aggressive BTC accumulation, Metaplanet still falls behind giants like MicroStrategy, possessing 252,220 BTC, and Marathon Digital with 26,842 BTC. Nevertheless, Metaplanet's increased interest in Bitcoin reflects a growing trend among institutions considering digital assets as part of their financial strategy.

Metaplanet continues to showcase strong growth by attracting significant investments and strengthening its position in the cryptocurrency space. This move is supported by shareholder trust and persistence in following a digital asset growth strategy.