Meta Plans to Raise Approximately $95 Billion Through New Share Issuance
2026-10-26 20:35:00
According to CoinMeta, Meta ($META) has just announced plans to raise approximately $95 billion by selling new shares, starting with around $35 billion: $22.5 billion in common stock and $12.5 billion in convertible preferred stock. Subsequently, it plans to launch a separate $60 billion program to sell its new class C shares without voting rights, which are expected to begin trading in the first quarter of 2027. Nvidia, AMD, and Broadcom have expressed interest in purchasing up to $5 billion worth of shares. Meta stated that this funding will help with its artificial intelligence initiatives.
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