Metaplanet Plans Massive Bitcoin Acquisition Amid Market Concerns
TL;DR Summary
The week saw significant developments in the crypto world, including Metaplanet’s plan to acquire 100,000 BTC by 2026, Gemini’s IPO filing, the arrest of a French crypto kidnapping suspect in Morocco, a court victory for the SEC against a crypto scammer, and James Wynn’s $25M loss on leveraged Bitcoin trading amid market volatility.
- Bitcoin $110K 'bull trap' concerns, James Wynn loses $25M BTC: Hodler’s Digest, June 1 – 7 Cointelegraph
- Bitcoin Buyer Metaplanet Jumps on $5.4 Billion Fundraising Plan Bloomberg
- Metaplanet soars on $5.4B share offering plan to amass 210K Bitcoin by 2027 (MTPLF:Grey Market) Seeking Alpha
- Metaplanet Is Taking The Brakes Off: 91,000 Bitcoins Or Nothing By 2026 Cointribune
- 'Japanese Strategy' Metaplanet Announces Entry into the United States..."Headquarters Established in Miami" bloomingbit
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