Bitcoin’s (BTC) holiday-week performance kicked off in the red, with Japanese company Metaplanet announcing its largest-ever BTC purchase. Tokyo-listed Metaplanet revealed it had acquired 619.70 BTC for 9.5 billion yen (approximately $61 million), increasing its Bitcoin holdings by a staggering 54%. This brings the company’s total BTC holdings to 1,762 BTC, purchased at an average…
Early-stage investment firm Metaplanet announced on Monday that it’s adopting Bitcoin (BTC) as its sole “strategic treasury reserve asset.” This audacious decision signals a growing confidence in the controversial cryptocurrency as a legitimate store of value and hedge against traditional economic woes. Related Reading Yen Under Pressure, Bitcoin On The Rise Metaplanet’s decision comes amidst…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Metaplanet…
Discover how Bitcoin boosted Metaplanet for the first time in 7 years and why the Minotaurus presale is showing strong community interest. Explore the key details. Japanese firm Metaplanet reported its first upside in seven years after embracing BTC. The company benefited from selling put options on Bitcoin and reallocating the funds. This move highlights…
Metaplanet, often dubbed Japan’s MicroStrategy for its adoption of Michael Saylor’s Bitcoin investment strategy, is nearing a critical juncture as Bitcoin (BTC) retraces below 30% of its all-time highs in under a month. Metaplanet Bitcoin Holdings Plummet As of November 26, Metaplanet ranks as the fourth largest public Bitcoin treasury company, holding just over 30,000…
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Metaplanet, a Japanese public company, bought 5,419 Bitcoin in a single purchase and climbed into the ranks of the world’s largest corporate holders. Related Reading According to reports, the buy pushed its total holdings to 25,555 BTC. That move now places the firm among the top five corporate Bitcoin treasuries. Large Purchase And New Ranking…
Este artículo también está disponible en español. In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed company announced on November 18 that its Board of Directors had approved…
Bankr, in a recent update, pointed out that Ethereum is maintaining its upward momentum, backed by solid volume and a more favorable news environment. Although brief spikes in volatility may arise from macroeconomic events, Bankr believes the broader trend remains intact, as long as $2,510 holds. Ethereum Three-Day Price Trend Action Analyzing price action over…
In a move indicative of growing corporate confidence in Bitcoin, Tokyo-listed Metaplanet has once again increased its BTC reserves, with a recent acquisition pushing its total holdings past the $10 million mark. This purchase coincides with Bitcoin’s positive start in July, as the cryptocurrency begins to recover recently lost gains. Currently, Bitcoin is trading above…