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.
Alibaba's EMO revolutionises AI animation, animating static photos into lifelike talking and singing videos. By directly converting audio to video, EMO captures subtle motions and individual facial characteristics with astonishing realism, presenting both innovative opportunities and ethical considerations.
The Pokémon Company clarified that their new game, Pokémon Trading Card Game Pocket, won't include NFTs, addressing fans' concerns. While NFT integration in gaming faces challenges, the game aims for engaging gameplay and accessible monetisation strategies, prioritising the Pokémon experience.
Ethereum's recent surge above $3,488 on February 28th reflects a broader cryptocurrency market rally. However, the spike in funding rates to 0.07% signals potential risks of overheating and a long squeeze for bullish traders.
Jim Cramer's optimistic forecast and growing market anticipation signal potential for Ethereum ETFs, mirroring the impact of Bitcoin ETFs. With upgrades like Cancun and Shapella enhancing Ethereum's capabilities, surpassing previous all-time highs seems within reach, possibly by the third quarter.
Binance's new listing of Portal's gaming token sparked excitement, leading to a surge in market cap to $425 million. Portal offers cross-chain gaming, allowing easy access to various games and assets, with plans for token staking benefits and further expansion.
Hong Kong's Securities and Futures Commission has stopped accepting crypto exchange license applications, with non-compliant exchanges facing closure by 31 May 2024. Licensed operators include OSL Digital Securities and HashKey Exchange, while notable applicants like Bybit and OKX seek approval, though platforms like Coinbase and Kraken are absent.
OpenAI won a legal battle against Open Artificial Intelligence over the "Open AI" trademark, with a court injunction prohibiting the latter's use of the term. The ruling highlights the importance of protecting intellectual property in the AI industry and raises questions about branding strategies for both companies.
Elon Musk has filed a lawsuit against OpenAI, accusing the company of abandoning its open-source mission in favor of profit-driven collaboration with Microsoft. The lawsuit seeks to compel OpenAI to return to its original open-source model and ensure transparency in the development of artificial general intelligence (AGI).
Nigeria seeks $10 billion from Binance for alleged illegal transactions, contributing to Naira's fall and economic strain, as the country tightens grip on cryptocurrency exchanges.
Bitcoin's price surged to $64,000, influenced by U.S. government wallet transfers and strong demand from newly launched U.S. Bitcoin spot ETFs, signaling a historic bull market.