Metaplanet's stock has risen by 14% following its completion of a ¥1 billion Bitcoin purchase, a move tied to the company's broader strategy to embrace cryptocurrency amidst Japan's economic challenges.
Cheng YuanThe moves by Sony and Metaplanet indicate growing adoption of Crypto assets in Japan.
JinseFinanceThe Japanese investment advisor said it acquired more than 20.2 BTC.
JinseFinanceMetaplanet, often referred to as the "MicroStrategy of Asia," has acquired an additional 20.2 Bitcoin (BTC) worth approximately 200 million yen (about $1.2 million). This is the company's fourth Bitcoin purchase in four months. With this latest purchase, Metaplanet's total Bitcoin holdings have reached 161.27 BTC, valued at over 1.6 billion yen (over $10 million).
ZeZhengMetaplanet's shares soared 158% after adopting a Bitcoin investment strategy, mirroring MicroStrategy, amid Japan's economic pressures and yen devaluation.
BerniceMatrixport sees up to $25 billion potentially channelled into new Bitcoin ETFs in Hong Kong through the Stock Connect, pending regulatory approval.
BrianShares of Coinbase popped more than 26% Thursday after a federal judge in New York dismissed a class action lawsuit against the San Francisco-based company.
decryptBitcoin has been declared 'dead' 463 times. Is the S2F price prediction model still valid?
BeincryptoBeincryptoThe Indonesian government sees the exchange as a means of protecting consumers as interest in digital currencies has risen, deputy trade minister Jerry Sambuaga said on Wednesday.
Coindesk