Metaplanet Raises $137 Million to Buy Bitcoin Despite 18.6% Loss

Metaplanet, a Tokyo-listed investment firm, is doubling down on its Bitcoin strategy even as prices stay below $88,000.   The company has announced a $137 million capital raise through a third-party allotment to buy more Bitcoin, showing strong long-term confidence in the digital asset. Metaplanet Raises $137M to Buy More Bitcoin According to a company filing, … source: https://coinpedia.org/news/metaplanet-raises-137-million-to-buy-bitcoin-despite-18-6-loss/