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Just two days after revealing plans to raise $70 million via a stock rights offering, ‘Asia’s MicroStrategy’ has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin. Go to Source
Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s broader plan to expand its cryptocurrency holdings and hedge against currency depreciation. The company, which currently holds around 246 … Read more
Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility. Go to Source
Shares in Metaplanet and Semler Scientific are up double and triple digits since the firms followed MicroStrategy’s Bitcoin playbook this year. Go to Source
Metaplanet Inc. announced on July 22 the purchase of an additional 200 million yen worth of bitcoin, amounting to 20.381 BTC. This latest acquisition completes the company’s 1 billion yen ($6.4 million) bitcoin purchase plan, which was initially disclosed on June 24. With this final purchase, Metaplanet’s total bitcoin holdings now stand at 245.992 BTC. … Read more
Since its first Bitcoin purchase, the company’s stock price surged 810% from about $0.12 to $1.10. Go to Source
Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for this purpose. Now, Metaplanet holds 225.61 bitcoin, having paid a little over $14.17 million for the cryptocurrency acquired. In May, the … Read more
Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16. Go to Source
Metaplanet, a Tokyo-listed public company, has disclosed it has completed bitcoin purchases amounting to 400 million yen (almost $2.5 million). The company, which vowed to use bitcoin as a strategic reserve asset to navigate the uncertainties of the Japanese economy and the devaluation of the yen, acquired 42.466 bitcoin at an aggregate price of $58,600 … Read more
After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC. Go to Source