Bitcoin

Metaplanet to Raise additional $3.7B to Buy Bitcoin

The Japanese investment company Metaplanet seeks to raise 555 billion yen ($ 3.73 billion) thanks to a new offer of actions to support its aggressive Bitcoin accumulation strategy.

The company, known as “Asia Strategy”, announced on Friday that it would issue perpetual privileged actions to finance its objective of acquiring 210,000 Bitcoin (BTC) by the end of 2027. The shares will offer up to an annual dividend up to 6%, according to market conditions and investor demand.

“The company intends to actively pursue the financing of actions within the framework of its” Bitcoin strategy “, which aims to acquire 210,000 BTC by the end of 2027”, he said. “We believe that the introduction of the privileged actions supported by Bitcoin represents a pioneering effort to fill this shortcoming.”

Source: Metaplanet

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Metaplanet’s supply of shares comes one day after Cintelelegraph said that corporate cryptographic cash companies had exceeded $ 100 billion in collective investments, with Bitcoin vouchers, almorous $ 93 billion of this value.

The continuous accumulation of companies of Strategy and Metaplanet, associated with the growing money supply, could push the price of Bitcoin over $ 132,000 before the end of 2025 according to the correlation of Bitcoin with the global money mass of M2.

BTC projection at $ 132,000 on the growth of the money supply of M2. Source: Jamie cost

Strategy, the largest Bitcoin cash in the world in the world, has also launched similar capital recovery efforts. On July 22, the company announced a new type of stock supported by Bitcoin at $ 100 per share with an initial monthly dividend of 9% per year.

In relation: Satoshi-eer

The next Bitcoin macro-catalyst is hidden at the sight

Despite the characteristic of the non -liquid period of summer time, the next important monetary catalyst for Bitcoin can occur in September.

While Washington goes to its summer recess, “attention will probably pass tax issues once the congress will meet after the Labor Day”, according to a Matrixport Friday research report, which said:

“Budgetary uncertainty has historically been a powerful rear wind for hard assets, and Bitcoin remains at the front and center of the story.”

Despite the importance of the crypto week and the American continuation and a continuous accumulation of cryptographic treasure companies, the “real driver macro hides at sight,” added the report.

Fed of target interest rate probabilities. Source: Fedwatch tool from the CME group

Meanwhile, the markets are currently asking 60.8% that the Fed maintains stable interest rates at the next meeting of the federal committee on the market open on September 17, according to the latest estimates of the Fedwatch tool of the CME group.

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