Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD

Share This Post

Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTDThe directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be recorded at its acquisition cost for long-term holdings. The company’s stock has surged by almost 500% since the beginning of the year. Valuation […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Remains Below $95k: Analyst Says It’s a Golden Time to Accumulate—Here’s Why

Despite the anticipation of a new year’s recovery, Bitcoin (BTC) has experienced a relatively unstable upside performance since the start of the year, leaving many investors questioning its

Ripple’s $100,000,000 RLUSD Milestone Signals Strong 2025 Outlook for XRP

The post Ripple’s $100,000,000 RLUSD Milestone Signals Strong 2025 Outlook for XRP appeared first on Coinpedia Fintech News Ripple has launched its new stablecoin, RLUSD, which is already seeing

Base Blasts Off 219% as NFTs Hit $155M This Week: Winners, Losers, and Big Spenders

Non-fungible token (NFT) sales climbed 107% over the past week, amassing $1556 million in sales within a seven-day window Penguins, Abstract Beings, and Base’s Meteoric Rise According to data from

When Will the Crypto Market Rise Again?

The post When Will the Crypto Market Rise Again appeared first on Coinpedia Fintech News In the last seven days, the total market cap of the cryptocurrency market has seen a drop of approximately

Crypto Whale Are Stacking These Altcoins! Last Chance To Buy The Dip?

The post Crypto Whale Are Stacking These Altcoins! Last Chance To Buy The Dip appeared first on Coinpedia Fintech News Amid the ongoing global tensions, the cryptocurrency market has experienced a

Will Meta Embrace Bitcoin? Shareholder Pushes for Bold Treasury Move

The post Will Meta Embrace Bitcoin Shareholder Pushes for Bold Treasury Move appeared first on Coinpedia Fintech News A new proposal urges Meta to consider Bitcoin a strategic treasury asset The