Metaplanet to launch US Bitcoin treasury firm via $135M nanocap deal

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Japan's Metaplanet is establishing a US-based Bitcoin treasury company through a deal valued at approximately $135 million. The transaction involves Metaplanet contributing 2,100 bitcoin along with $2.5 million in cash. The combined value of this initial investment is estimated at $134.6 million. The move signals Metaplanet's strategic expansion into the US market through a nanocap vehicle structure.

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