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Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio.
In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights.
US-traded spot Bitcoin (BTC) exchange-traded funds (ETF) collectively hold approximately 1.07 million BTC as of Nov. 14, worth nearly $96 billion at current prices.
Solana-based memecoin launchpad Pump.fun paused its live stream feature indefinitely to tackle rampant inappropriate activity on the platform, according to a Nov. 25 statement.
Pump.