Japanese listed company Metaplanet's stock price plummeted, and its Bitcoin strategy faces financing difficulties.
ChainCatcherAug 31, 2025
According to Cointelegraph, citing Bloomberg, the share price of Japanese Bitcoin treasury company Metaplanet has plummeted 54% since mid-June, and its stock-based "flywheel" mechanism has "failed," forcing the Tokyo-listed company to seek other financing methods. Metaplanet recently plans to raise approximately 130.3 billion yen (approximately $880.00 million) through a public offering of shares in overseas markets. In addition, shareholders will vote on Monday whether to approve the issuance of up to 555.00 million preferred shares, a rare investment tool in Japan that could raise as much as 555.00 billion yen (approximately $3.70 billion). [ChainCatcher]
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Japanese listed company Metaplanet's stock price plummeted, and its Bitcoin strategy faces financing difficulties.
ChainCatcherAug 31, 2025
According to Cointelegraph, citing Bloomberg, the share price of Japanese Bitcoin treasury company Metaplanet has plummeted 54% since mid-June, and its stock-based "flywheel" mechanism has "failed," forcing the Tokyo-listed company to seek other financing methods. Metaplanet recently plans to raise approximately 130.3 billion yen (approximately $880.00 million) through a public offering of shares in overseas markets. In addition, shareholders will vote on Monday whether to approve the issuance of up to 555.00 million preferred shares, a rare investment tool in Japan that could raise as much as 555.00 billion yen (approximately $3.70 billion). [ChainCatcher]
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