Metaplanet, a Japanese Bitcoin treasury company, has successfully completed its initial public offering (IPO), raising approximately $1.4 billion. CEO Simon Gerovich announced the milestone on the X platform, highlighting participation from over 70 institutional investors, including mutual funds, sovereign wealth funds, and hedge funds. The IPO marks a significant step for Metaplanet, enabling the company to expand its Bitcoin holdings and advance its development plans.
Metaplanet Completes $1.4 Billion IPO with Strong Institutional Backing
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