Metaplanet (3350)The largest Japanese Bitcoin Treasury Company, plans to increase a net of 204.1 billion yen ($ 1.4 billion) In a sale of international actions to strengthen its assets from the largest cryptocurrency.
The company based in Tokyo, which already has 20,136 BTC and has the sixth hiding place among the listed companies around the world, said that it has been at the price of 385 million new shares at 553 yen each. Its shares jumped 16% to 714 yen Wednesday in record volume of negotiation.
Nakamoto Holdings (Naka)A Bitcoin cash company founded by David Bailey, a crypto advisor by President Donald Trump, said in a separate announcement that she had committed the purchase of $ 30 million in new shares. Naka’s shares climbed 77% on Tuesday.
Metaplanet said that he would allocate 183.7 billion yen from the product to Bitcoin purchases in September and October. 20.4 billion additional yen will enter its Bitcoin income generation business.
When the sale, announced in August, is completed, the number of Metaplanet’s circulation shares will reach more than 1.14 billion.
