Metaplanet Plans New Share Class to Fund Bitcoin Purchases

The Japanese listed company intends to create shares modeled after Strategy's STRC to finance additional Bitcoin acquisitions.

BTC

Summary

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Terms & Concepts
  • STRC: A special class of shares by StrategyCorp dedicated to funding Bitcoin purchases.
  • Bitcoin (BTC): A decentralized digital currency operating without a central bank or single administrator, using blockchain technology for transactions.