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.
MicroStrategy acquires 122 BTC, holding 214,400 Bitcoins valued at $7.54 billion, despite a Q1 net loss of $53.1 million.
The bank also predicts that the Ethereum ETF, expected to be approved on May 23, will lead to inflows of up to $45 billion in the first 12 months, with Ethereum prices climbing to $8,000 by the end of 2024.
The Dutch Central Bank fined Crypto.com $3.1 million for providing cryptocurrency services in the Netherlands without registration. Although Crypto.com later obtained registration, it still faces the fine for its past non-compliance.
March saw meme coin surge in crypto bull market. Dogwifhat (WIF) on Solana blockchain made millionaires from small investments. Recent gains indicate momentum. Success highlights meme coins' potential in broader crypto rally.
Anonymous trader turns 5.288 SOL into $1.4 million with Dogwifhat (WIF) meme coin on Solana blockchain. WIF's skyrocketing value reflects meme coin popularity and volatile crypto market nature. Trading volume surges by 210.22%, highlighting strong investor interest.
Matrixport's Wu defends the firm against allegations of intentional market manipulation, asserting analysts' autonomy. The $131 billion crypto crash prompts skepticism, recalling Wu's past role in the 2017 Blockchain Wars. The market sees significant losses, with MultiversX, Theta Network, and SATS leading the decline. Despite market turmoil, YouTuber Scott Melker suggests a connection between the crash and mechanisms aligning derivative and spot prices. Wu remains optimistic about a spot BTC ETF in the long term, emphasizing ongoing market uncertainties.
Around 3,313 BTC were suddenly transferred from Do Kwon to two overseas cryptocurrency exchanges.
Continued adoption of nonfungible tokens across a variety of industries from video gaming, music, art and digital collections could see the sector valued at $231 billion by 2030.
The Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty.
Attackers have exploited a bug in the Osmosis exchange to the tune of $5M as FireStake validators admit to their role in racking up roughly $2M before stepping forward.