tiprankstipranks
Metaplanet Inc. to Invest in Bitcoin with New Stock Rights
Company Announcements

Metaplanet Inc. to Invest in Bitcoin with New Stock Rights

Metaplanet KK (JP:3350) has released an update.

Don't Miss our Black Friday Offers:

Metaplanet Inc. has announced that its management will exercise the 11th series of stock acquisition rights, with the shares to be distributed post-September 18 and used to attract general investors. The company has already received the full exercise price, which will be invested in purchasing Bitcoin. The total proceeds from the exercised warrants amount to 299.7 million Yen.

For further insights into JP:3350 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App