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.
ARK Invest bought $15.6 million worth of BitMine shares, raising its total investment in the company to over $300 million. BitMine is building a large Ethereum treasury, now holding 1.71 million ETH worth nearly $8 billion.
Fundstrat’s Tom Lee said Ethereum may have reached its lowest point “within hours” as the crypto market began to recover. He highlighted that ETH’s current setup offers a strong risk-to-reward scenario, with a potential rebound to $5,100–$5,450 if the trend holds.
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.
Kanye West, now known as Ye, launched a Solana-based YZY token, sparking a market surge to a $3 billion valuation within 40 minutes. Most of the supply is controlled by insiders, raising concerns about long-term stability despite high trading activity.
DBS has launched its first tokenised structured notes on Ethereum, breaking $100,000 investments into $1,000 units for easier trading. The notes, initially linked to cryptocurrencies, are available to accredited and institutional investors through local digital platforms.
Solana's SOL price holds strong above key support levels, hinting at a potential 20% rise amid bullish trends and resistance challenges.
Matt Hougan, Bitwise Asset Management's Chief Investment Officer, reveals the company's proactive stance in the race for the first spot Bitcoin ETF. Despite regulatory uncertainties, Hougan asserts, "We're preparing as though there’s going to be a launch."
Argentina, faces a pivotal juncture with the rejection of a BRICS alliance invitation, substantial Peso devaluation, and ambitious plans for dollarisation, raising uncertainties about the nation's economic future.
A BATHING APE® (BAPE®), renowned for its streetwear, announced today a forthcoming collaboration with Bored Ape Yacht Club (BAYC). The joint venture, in association with NFT production studio Yuga Labs, heralds a convergence of fashion and blockchain technology.
For those unfamiliar with the term, the term "BONK" is an doge-associated meme, first attributed to the baseball wielding Doge.
Nvidia strengthens its foothold in Vietnam, investing and fostering partnerships to drive AI development, navigating challenges to emerge as a key player in technology advancement.
Rainbow, a cryptocurrency wallet, made headlines by launching its innovative rewards initiative termed "Rainbow Points." The system involves allocating points to Ethereum users based on their on-chain activities, including wallet balances and usage of decentralised apps and services.
Shakeeb Ahmed, a security engineer, pleads guilty to exploiting two Solana DeFi platforms in a landmark smart contract fraud case, agreeing to pay $5 million in restitution.
CoinList settles with US regulators for $1.2 million over alleged sanctions violations involving 989 transactions in Crimea.
The Interchain Foundation allocates $26.4 million for 2024 to the Cosmos ecosystem, a decrease from previous years, funding key areas and witnessing significant ecosystem collaborations.