Metaplenet (3350)The largest Japanese bitcoin Treasury Company, plans to raise a net of 204.1 billion yen ($ 1.4 billion) In a sale of international shares to reinforce their largest cryptocurrency holdings.
The company based in Tokyo, which already has 20,136 BTC and has the largest sixth hiding place among companies that are quoted in the stock market, said what price at 385 million new shares at 553 yen each. Its shares increased 16% to 714 yen on Wednesday in volume of record negotiation.
Nakamoto Holdings (Naka)A Bitcoin Treasury company founded by David Bailey, a cryptography advisor to President Donald Trump, said in a separate announcement that he committed buying $ 30 million of the new shares. Naka’s shares shot 77% on Tuesday.
Metaplenet said he will assign 183.7 billion yen of profits towards Bitcoin’s purchases in September and October. Another 20.4 billion yen will enter their Bitcoin income generation business.
When the sale, announced in August, the number of actions in circulation of Metaplenet will increase will increase to more than 1.14 billion.
