Metaplanet Approves $5 Billion Capital Contribution for Bitcoin Operations to US Subsidiary

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced that its Board of Directors has approved an additional capital contribution of up to $5 billion to its wholly owned U.S. subsidiary, Metaplanet Treasury Corp, based in Florida. This move aims to strengthen the company’s

Source: Bitcoin.com