Bitcoin Analysis: Metaplanet raises $1.44 billion in financing may shake Bitcoin order book
Source: CoinWorld
Time: 2025-09-16 12:46:30
With Tokyo-listed Metaplanet Inc. completing an overseas issuance of 212.9 billion yen (US$1.44 billion), of which $1.25 billion is used to purchase Bitcoin, the price of Bitcoin is consolidating around $115,000. The move is designed to hedge the weaker yen, which could significantly impact Bitcoin orders and accelerate testing of key resistance levels around $120,000.