PANews reported on March 31 that, according to BitcoinTreasuries.NET, Japanese listed company MetaPlanet has received $255 million in funding from global institutional investors, as previously announced. Based on current prices, this funding could potentially be used to acquire over 3,800 Bitcoins. If all of it is used to purchase Bitcoin, MetaPlanet could become the world's third-largest publicly traded company with significant Bitcoin holdings. Previously disclosed by relevant parties, the financing structure stipulated that warrants would only be exercisable if the share price exceeded 1.01 times the adjusted net asset value, and any newly issued shares would require an increase in the number of Bitcoins held per share, prohibiting dilution through issuance.