10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

Japan’s Metaplanet Wins Approval for $3.7B Fundraising Plan


Japanese Bitcoin-stacking company Metaplanet secured shareholder approval to overhaul its capital structure, clearing a path for billions in potential fundraising earmarked for its Bitcoin accumulation strategy. 

At an extraordinary general meeting on Monday, investors backed amendments to the company’s articles of incorporation to expand its authorized shares to 2.7 billion. It also introduced a new dual-class preferred stock system that would allow Metaplanet to attract different types of investors while preserving control for existing…



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link