Metaplanet Raises $880 Million Via Share Offering For Fresh BTC Purchases
Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.

Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.
The UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.
A Philippine lawmaker has proposed that the central bank buy 2,000 bitcoins each year for five years, creating a national reserve of 10,000 coins. The plan aims to strengthen the country’s finances and provide a long-term store of value alongside traditional reserves like gold and foreign currency.
Japan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.
Arthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
A Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
Bitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
Dutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
The SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
Taiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
While Visa's achievement signifies progress in digital payment security, it also highlights the increasing reliance on tokenized services to meet evolving consumer preferences and industry demands.
Although we recognize Synthetix’s solid leadership in the synthetic track and its deflationary monetary economics, we are worried about its long-term competitiveness with other sustainable assets DEX, and that breakthroughs in TVL and transaction volume growth must rely on new chains.
As AltLayer kicks off a $100 million token airdrop, the trend continues with Dymension's $210 million and Jupiter's $410 million airdrops. Caution is advised amidst the hype, as potential scams flood social media. The total airdrop value across projects reaches an estimated $700 million.
Saudi and Qatari governments rumored to invest in one million BTC, influenced by Islamic acceptance and collaborations. Qatari government considers a $500 billion Bitcoin allocation post-U.S. ETF launch.
Despite the sharp decline experienced by the crypto market in 2023, Binance Labs has completed over 25 investments in the Web3 space.
Explore the groundbreaking launch of Magic Square's $SQR Token, backed by Binance Labs and KuCoin Labs. Discover its technological innovations, market impact, and potential to revolutionize various industries.
Virtual Labs, under the mentorship of Binance Labs Incubation Program, is setting new benchmarks in blockchain technology with innovations like the Virtual Rollup SDK, Virtual Wallet, and OpenChannel. Their focus on user experience, cross-chain compatibility, and transaction efficiency heralds a new era in blockchain and crypto usability.
The BONK token giveaway by Solana's Saga mobile phone has astonishingly surpassed the phone's sale price, igniting a surge in demand and market valuation, showcasing the volatile crypto-technology synergy.
Uniswap and its VC backers have emerged victorious after a class action lawsuit filed against it was dismissed and cleared of liability in the scam token case.
Bored Ape creator Yuga’s Otherdeed launch was the largest NFT mint ever, but are metaverse communities turning into gated communities?