Metaplanet, a prominent investment firm, has successfully raised an impressive $137 million in funding with the aim of expanding its innovative Bitcoin treasury strategy. This strategic move is driven by the firm's belief in the long-term potential of cryptocurrency as a valuable asset, and they are poised to leverage this capital to enhance their holdings and make significant investments in the Bitcoin market. In this article, we will explore the reasons behind this substantial fundraising effort and how it aligns with Metaplanet's vision for the future of digital assets.
source: https://blocknews.com/metaplanet-raises-137m-to-expand-its-bitcoin-treasury-strategy-here-is-why/