Metaplanet (3350) to Raise $1.4B in International Share Sale, Stock Jumps 16%

Metaplanet (3350), the largest Japanese bitcoin BTC$112,298.56 treasury company, plans to raise a net 204.1 billion yen ($1.4 billion) in an international share sale to bolster its holdings of the largest cryptocurrency. The Tokyo-based company, which already owns 20,136 BTC and has the sixth-largest stash among publicly traded companies worldwide, said it priced the 385 … Read more

Galaxy Lands $1.4B for Helios Data Center Expansion as CoreWeave Commits to 800 MW

Galaxy, the Nasdaq-listed digital asset investment firm, said on Friday it has secured $1.4 billion in funding to expand its Helios data center in West Texas, part of the firm’s push to boost computing capacity for artificial intelligence (AI) and high-performance computing (HPC). The debt facility, which covers 80% of construction costs, runs for 36 … Read more