Tokyo-listed Metaplanet Inc. announced Friday it has filed a shelf registration statement to potentially issue up to ¥555 billion ($3.7 billion) worth of perpetual preferred shares, aiming to fund its strategy of acquiring more bitcoin. The move is part of the company’s ambitious “Bitcoin Plan,” targeting the accumulation of 210,000 bitcoin between 2025 and 2027. […]
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Bitcoin Could Be Entering Critical Pullback Phase Below This Level
Bitcoin is showing increasing signs of weakness as bearish pressure continues building below a critical technical level. With key support...
