Japanese investment advisory firm Metaplanet Inc. announced that it has completed the 11th stock purchase rights, raising a total of 10 billion yen (about 66 million U.S. dollars). It is reported that the stock purchase rights plan was originally announced on August 6, when Metaplanet's share price was about 700 yen. The company offered shareholders the option to purchase new shares at a discounted price of 555 yen per share (Note: stock subscription rights are the right to buy designated shares at an agreed price in the future). Metaplanet used Bitcoin as a reserve asset in May to hedge against yen fluctuations. Data shows that the company currently holds 861.4 Bitcoins, and its stock price has risen 642% so far this year. (Coindesk)