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.
Months after leaving OpenAI, co-founder Ilya Sutskever has raised $1 billion for his new AI startup, SSI. With just 10 employees, SSI will use the funds to enhance its computing infrastructure and recruit top talent. Will SSI merely replicate ChatGPT or surpass it in advancing AI?
Telegram has apologised and removed 25 deepfake porn videos in response to pressure from South Korean authorities. The company is now working to improve communication and compliance with South Korean regulations.
It was revealed that 70% of Trump-backed World Liberty Financial governance token will be controlled by insiders. This prompts the question: Is it fair for such a large share of power to be held by a few?
Japan's Financial Services Agency is considering a major tax overhaul for cryptocurrencies, potentially reclassifying them as financial assets and reducing tax rates from up to 45% to 20%. This change aims to align crypto taxes with traditional investments and could significantly lower the tax burden for high-earning crypto investors.
At the 2024 KDDI Summit, OpenAI Japan CEO Tadao Nagasaki announced that GPT-Next will be 100 times more powerful than GPT-4, thanks to major architectural improvements. The release is expected by the end of 2024.
Trustpilot disabled Binance's TrustScore after discovering fake reviews linked to the platform, emphasising its strict policy on review manipulation. Binance faces significant reputational damage, with 80% of users giving the exchange a 1-star rating.
The US Department of Justice has seized 32 domains linked to a Russian disinformation campaign, "Doppelganger," which used cybersquatting and AI-generated content to mislead US citizens ahead of the 2024 election.
Daniel Wu, CEO of Game Science and the investor behind “Black Myth: Wukong,” is skeptical about Web3 games, arguing that true passion for game development is essential for success. He emphasises focusing on creating high-quality content efficiently, rather than chasing new technologies like Web3.
Beijing-based Zhipu AI has achieved a $2.8 billion valuation with new funding led by a state-backed investment entity. The company is advancing its large language models and forming strategic partnerships, including a new collaboration with Honor to enhance AI services.
Telegram CEO Pavel Durov addressed his recent arrest, revealing he was questioned by French authorities for four days over alleged platform misuse. Denying the claims, Durov criticised the investigation and pledged to improve moderation on Telegram. His statement also led to a rise in TON's value.