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Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
According to the latest news, Japan's well-known investment firm Metaplanet is brewing an ambitious Bitcoin acquisition plan. The company has submitted a financing application to regulators, planning to raise up to $3.7 billion through the issuance of preferred shares. This enormous amount of money will be entirely used to purchase Bitcoin, with the company setting a grand goal: to accumulate a total of 210,000 Bitcoins by 2027.
The scale of this plan is remarkable, with the total issuance of preferred shares amounting to 75% of Metaplanet's current market value. Such a significant decision naturally requires the support of shareholders, and the company has arranged to hold a shareholders' meeting on September 1 to seek approval for this financing plan.
It is worth noting that although Metaplanet has submitted a financing application, the company has stated that there is currently no specific plan for the issuance of preferred shares. A company spokesperson emphasized that there is still uncertainty regarding whether this financing will ultimately be implemented.
Metaplanet's move has attracted widespread attention in the cryptocurrency market. If this plan is successfully implemented, it will become another landmark event for institutional investors to enter the Bitcoin market on a large scale. It not only reflects the confidence of some large investment institutions in the long-term value of Bitcoin, but it may also have a profound impact on the supply and demand relationship and price trends of Bitcoin.
However, considering the current global economic situation and the volatility of the cryptocurrency market, Metaplanet's bold plan also faces significant challenges and risks. Market participants generally believe that the company needs to remain prudent in executing this plan and develop a thorough risk management strategy.
As the situation develops further, the cryptocurrency community will closely monitor every move of Metaplanet and the potential impact of this large-scale Bitcoin acquisition plan on the entire market.