According to Cointelegraph, shareholders of the listed company Metaplanet in Japan have approved an increase in the number of shares allowed for issuance and established terms for preferred shares, with a maximum total issuance value of $3.8 billion, mainly to be used for purchasing Bitcoin.
Previously, the shareholders of Metaplanet approved three resolutions at the extraordinary general meeting: increasing the total number of shares authorized for issuance, allowing for the convening of the general meeting of shareholders online, and establishing new terms for fixed preferred shares. The chairman of Metaplanet announced that the company plans to accumulate 210,000 Bitcoin by 2027.
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Metaplanet's shareholders approved a plan to raise up to 3.8 billion dollars to purchase more Bitcoin.
According to Cointelegraph, shareholders of the listed company Metaplanet in Japan have approved an increase in the number of shares allowed for issuance and established terms for preferred shares, with a maximum total issuance value of $3.8 billion, mainly to be used for purchasing Bitcoin.
Previously, the shareholders of Metaplanet approved three resolutions at the extraordinary general meeting: increasing the total number of shares authorized for issuance, allowing for the convening of the general meeting of shareholders online, and establishing new terms for fixed preferred shares. The chairman of Metaplanet announced that the company plans to accumulate 210,000 Bitcoin by 2027.