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.
Backpack, a well-known NFT wallet app operating on the Solana blockchain, made a significant announcement regarding its forthcoming crypto exchange, the Backpack Exchange, earlier this week.
As Bitcoin nears its 21 million limit, its future relies on transaction fees, miner incentives, and the support of institutional investors and Bitcoin holders. It's an evolving and intricate path towards a fully mined network.
China is softening its stance on NFTs, with reports suggesting a notable shift in its approach after a year of stringent regulations on blockchain projects.
A 20-year-old individual from Florida has been sentenced to 30 months in prison for his involvement in a cryptocurrency SIM swap scam that resulted in the theft of nearly $1 million.
Active AXS addresses were at a three-month high last week, and token prices surged more than 15 per cent.
Hello Kitty is celebrating its 50th anniversary with a global extravaganza, featuring augmented reality experiences, TikTok, ROBLOX, and ZEPETO integration, and a nationwide tour. The festivities kick off on November 1, 2023, with events spanning the entire year under the theme of "Friend the Future." Fans worldwide can enjoy interactive AR encounters and themed content. New costumes, emojis, and international events are part of this exciting celebration.
Alibaba unveils Tongyi Qianwen 2.0 amidst US-China AI supremacy race and evolving regulations.
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), extended well-wishes to Bitcoin's white paper on its anniversary. While making a playful reference to Satoshi Nakamoto's Halloween costume, Gensler also delivered a strong message to crypto companies, stressing the critical need for adherence to securities laws.
Russian lawmakers are considering a ban on private citizens participating in cryptocurrency mining, with a focus on legalizing mining for registered businesses. This move comes as the Industrial Mining Association is established to influence the industry's trajectory and improve taxation for industrial miners. The integration of cryptocurrencies into the Russian economy may take some time but is expected to increase in state transactions and trade activities.
A42x Ltd. has embarked on an exciting joint venture with Sharp Corporation, harnessing the authentication and authorisation infrastructure of 'Myna Wallet' to pioneer a cutting-edge user identification system. This exciting partnership leverages Sharp Corporation's AI technology to enable user identity verification (authentication) and authorisation, granting access to specific actions based on user-owned NFTs and other data.