Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Metaplanet won shareholder approval to revamp its share structure, enabling up to $3.7 billion in fundraising for its Bitcoin accumulation strategy. Losses to hacks hit $163 million in August as bad actors shifted their strategy to focus on high-value targets, and crypto prices hit new highs. Meanwhile, the Trump family’s World Liberty stake also hit $5 billion after a major token unlock, with open interest in WLFI derivatives nearing $950 million.
Japanese Bitcoin investment firm Metaplanet has secured shareholder approval to overhaul its capital structure, clearing the way for up to $3.7 billion in fundraising to support its Bitcoin accumulation strategy.
At a Monday extraordinary general meeting, investors backed plans to expand authorized shares to 2.7 billion and introduce a dual-class preferred stock system aimed at attracting diverse investors while preserving shareholder control.
