Japanese company Metaplanet bought another ¥400 million ($2.5M) in Bitcoin, continuing its strategy of accumulating Bitcoin as a treasury reserve asset to mimic MicroStrategy.
MicroStrategy boosted its planned stock sale to $700 million from $500 million to raise additional funds for purchasing Bitcoin amid strong investor demand.
MicroStrategy plans to raise $500 million through a convertible senior notes offering, with proceeds going primarily toward acquiring more Bitcoin for its corporate treasury.
Longstanding Japanese firm Metaplanet announced another ¥250 million Bitcoin purchase, continuing to mimic MicroStrategy's strategy of amassing corporate Bitcoin reserves.
Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead.
In a conversation with Bitcoin Magazine, Semler Scientific’s chairman shared that he admires what Michael Saylor has done with MicroStrategy’s bitcoin treasury but noted that his company will take its own unique approach.
PREDICT BITCOIN
