Norway's $2T wealth fund backs all five Metaplanet proposals ahead of 22 December EGM

Norges Bank Investment Management, which oversees Norway's $2 trillion sovereign wealth fund, has given full support to all five of Metaplanet's management proposals ahead of the company's 22 December Extraordinary General Meeting. The Tokyo-listed firm plans to restructure its capital base, issue new preferred share classes, and potentially raise $150 million via MERCURY shares to fund additional Bitcoin purchases.