Metaplanet Teams Up with Ripple Partner SBI
Japanese Bitcoin investor Metaplanet, known as the “Japanese MicroStrategy,” has partnered with SBI VC Trade, a crypto investment service by Ripple’s partner SBI Group. Metaplanet, a prominent Japanese Bitcoin investor who is frequently referred to as the “Japanese MicroStrategy,” is collaborating with Ripple’s banking partner, the financial services firm SBI. Simon Gerovich, CEO of Metaplanet, […]
Metaplanet Increases Bitcoin Holdings
Metaplanet purchased 57.273 BTC for $3.4 million, bringing its Bitcoin holdings to around $22 million. Metaplanet, a Japanese investment adviser, has acquired an additional 57.273 BTC for $3.4 million. The company’s Bitcoin holdings were approximately $22 million as of August 20. A loan with an annual interest rate of 0.1% was arranged by the company […]
Metaplanet Stock soar 13% After Bitcoin Purchase
This move, announced by Metaplanet CEO Simon Gerovich on August 20, led to a nearly 13% surge in the company’s stock price. Metaplanet, a company based in Japan, has successfully completed its most recent Bitcoin investment strategy by purchasing bitcoins with a value of 500 million Japanese yen. Chief executive officer Simon Gerovich’s announcement about […]
Metaplanet Buys Bitcoin Worth 500M Yen
Despite Metaplanet latest acquisition, Metaplanet still has 500m yen left for further Bitcoin investments. The publicly traded Japanese investment business Metaplanet announced on Tuesday that it had increased its Bitcoin holdings by 57 transactions as a result of its latest purchase. A few days before this move, the corporation made an announcement regarding a loan […]
Metaplanet Inc Receives 1B Yen Loan To Buy More Bitcoin
Metaplanet Inc, the Japanese investment company, has decided to borrow 1 billion Japanese yen ($6.8 million) from one of its owners to buy more Bitcoin. “Asia’s MicroStrategy” borrowed $6.8 million from one of its owners to buy more Bitcoin, just two days after saying it wanted to raise $70 million through a stock rights offering. […]