Metaplanet aims to raise up to $250 million through its U.S. subsidiary to accelerate its Bitcoin treasury operations.

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The Bitcoin-focused company plans to raise $250 million in capital through the new entity. This funding will boost its BTC reserves and offer improved liquidity solutions to institutional investors.
The new company will launch with initial capital of $10 million and plans to raise up to $250 million to accelerate its bitcoin treasury strategy, according to a translated post from Gerovich.