Metaplanet Stock Jumps 9% as New Bitcoin Strategy Boosts Revenue
Metaplanet stock price rises 9% post-rollup Bitcoin put options at $66,000, boosting yields and revenue amid investor confidence in its BTC strategy grows. Metaplanet Inc.’s stock saw a surge of nearly 9% as investors appeared to applaud the company’s latest move in the Bitcoin market. The Japanese publicly traded firm reported an increase in revenue from its […]
Metaplanet Shares Jump 15% After Bitcoin Purchase
Metaplanet’s shares jumped 15.7% after buying 107 Bitcoin for $6.7 million, raising its total holdings to 855.5, valued at over $56.1 million. On October 15, shares of Metaplanet increased by 15.7% following the announcement that the Japanese investment firm had made its most recent purchase of around 107 Bitcoin, valued at approximately $6.7 million. Because […]
BlackRock & Metaplanet Buy Bitcoin Dips Amid Crypto Market Downturn
BlackRock and Metaplanet buy Bitcoin dips, capitalizing on current volatile market conditions as retail investors panic. The recent drop in Bitcoin’s price below $60,000 has caused concern in the market, leading to over $53 million in long liquidations over the past 24 hours. Despite the volatility, major players like BlackRock and Metaplanet have continued to buy […]
Metaplanet Expands Bitcoin Holdings with $1.4 Million
Tokyo-listed investment firm Metaplanet Inc. has increased its Bitcoin holdings to 530.717 BTC, valued at approximately $32.4 million. Japanese investment company Metaplanet increased its overall revenue from Bitcoin to 530.72 BTC by acquiring 23.97 Bitcoin through an options transaction with Singapore-based digital asset trading company QCP Capital. Metaplanet disclosed in its notice dated October 3rd […]
Metaplanet Doubles Down On Bitcoin
Metaplanet plans to buy more Bitcoin with 299.7 million yen after recent purchases and a bond sale. Considering the current state of the market, the Japanese based company Metaplanet has revealed their intention to purchase additional Bitcoin (BTC). The management sent out a notification to the company’s members regarding the eleventh series of stock acquisition […]