“The japanese and french companies executed Major Capital raises to Fund Bitcoin Acccumulation Strategies Amid Growing Institutional Interest in BTC Investment.”, – WRITE: www.coindesk.com
Metaplanet AnnounCed the Exercise of ITS 20th Series of Stock Acquisition Rights Under the Recently Announced 555 Million Plan, Raising 74.9 Billion Yen, ($ 515 Million) in a Single Day. IT Issued 54 Million New Shares on Wednesday Following the Exercise of 540,000 Stock Acquisition Rights, Representing 29% of the Total Rights Issued.
The Issue Is The First Major Capital Injection Under the Plan and Represents 10% of the Full Target. Metaplanet Slumped As Much As 15% Before Rallying Strongly to Close Up 4%. CEO SIMON GEROVich Emphasized the Strategic Milestone With A Post on X, Highlighting the Strong Start to the Program.
The Blockchain Group (ALTBG), for Its Part, Announced A 4.1 Million-Euro ($ 4.8 Million) Capital Increase Through An at-The-Market-Type Equity Issuance Agreement.
Shares in the Euronext Growth Paris-Listed Company Were Issued at An Average Price of 5.085 Euros Each. The Capital raise aligns with the company’s strategy to increase the Number of Bitcoin per Share on a fully diluted basis. The Blockchain Group Currently Holds 1.653 BTC and is the First of Its Kind in Europe Pursuing Such A Model.
Blockchain Group Shares Were Recently 3.7% Lower AT 4.785 Euros.
In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin and Strategy (MSTR).
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