What caused Metaplanet's stock price to surge 4,800%?
Metaplanet’s stock price has risen 4,800% as the company, described as “Asia’s micro-strategy,” has been buying a lot of Bitcoin.
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JUST IN: Metaplanet to raise $3.8 BILLION to buy more Bitcoin. Goal is to own 100,000 BTC by 2026.
31/08 20:17
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More news about metaplanet
- JinseFinance
Metaplanet plans to increase Bitcoin holdings to 10,000 BTC by 2025
Metaplanet holds 1,762 Bitcoins and is looking to increase its holdings by 467% to a total of 10,000 Bitcoins.
JinseFinanceGolden Web3.0 Daily | Metaplanet announces Bitcoin holding plan
Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceMetaplanet Acquires Additional ¥500 Million Worth of Bitcoin Amid Market Downturn
The new investment came after the company secured a ¥1 billion loan to acquire more BTC.
BerniceJapanese firm Metaplanet buys $60 million as Bitcoin hits rock bottom
Metaplanet Inc. is making a substantial investment in Bitcoin amidst a challenging economic environment. The company's strategic focus on Bitcoin as a reserve asset aims to protect against inflation and currency depreciation.
SanyaMetaplanet purchases another $1.2 million, completing 1 billion yen Bitcoin goal
Metaplanet has successfully completed its Bitcoin purchase plan with an additional $1.2 million investment, significantly increasing its Bitcoin holdings. This move has positively impacted its stock price and positioned the company as a key player in Bitcoin adoption in Japan.
Huang BoWhy Japanese giants Sony and Metaplanet entered the Crypto field in a high-profile manner
The moves by Sony and Metaplanet indicate growing adoption of Crypto assets in Japan.
JinseFinanceJapanese investment advisory firm Metaplanet continues to increase its Bitcoin holdings
The Japanese investment advisor said it acquired more than 20.2 BTC.
JinseFinanceAsia's MicroStrategy "Metaplanet" buys another 200 million yen in Bitcoin, and Japanese companies are rushing into the cryptocurrency market
Metaplanet, 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 Bitcoin Strategy Propels Stock to Unprecedented Heights
Metaplanet's shares soared 158% after adopting a Bitcoin investment strategy, mirroring MicroStrategy, amid Japan's economic pressures and yen devaluation.
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