Metaplanet’s board approves $3.8 billion for Bitcoin purchases

Japanese Bitcoin treasury Metaplanet Inc. has secured shareholder approval for a proposal that will enable it to raise as much as $3. 8 billion (¥555 billion) via preferred shares. The company seeks to expand its financing options after its stock slumped. According to Metaplanet’s president, Simon Gerovich, shareholders voted to authorize 555 million preferred shares for […] source: https://www.cryptopolitan.com/metaplanets-board-approves-3-8b-for-bitcoin/