Metaplanet deal puts ‘King of Death Spiral Financing’ on both sides
Evo Fund, a Cayman entity that financed Metaplanet’s BTC buying deals in Tokyo, will also hold warrants in its US takeover target.
Evo Fund, a Cayman entity that financed Metaplanet’s BTC buying deals in Tokyo, will also hold warrants in its US takeover target.
Metaplanet’s mNAV has crashed 96% since July 24, 2024, and its CEO is reminding investors that at least the company can buyback some stock.
Investors in MetaPlanet are concerned about short-sellers and are blaming banks for an attack that probably never happened.