All articles tagged with #metaplanet
Originally Published 7 months ago — by CoinDesk
Metaplanet, a Tokyo-based company, has increased its Bitcoin holdings to 10,000 BTC, surpassing Coinbase to become the ninth-largest publicly traded Bitcoin holder, with recent purchases funded by a $210 million bond issuance and demonstrating strong Bitcoin yield performance.
Originally Published 7 months ago — by Cointelegraph
Metaplanet's shares surged over 12% after announcing a plan to raise $5.4 billion to acquire up to 210,000 Bitcoin by 2027, potentially making it the second-largest public holder of Bitcoin, with its stock rising significantly following the news.
Originally Published 7 months ago — by Cointelegraph
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.
Originally Published 1 year ago — by Benzinga
MicroStrategy has acquired 51,780 Bitcoin for $4.6 billion, bringing its total holdings to 331,200 BTC, valued at over $24 billion. This move underscores the company's strategy of using Bitcoin as a reserve asset to enhance stock value. Concurrently, Metaplanet issued $11.4 million in bonds to fund its Bitcoin purchases, joining other companies like Tesla and Block Inc. in adopting Bitcoin as a long-term asset. Metaplanet aims to establish a significant Bitcoin treasury in Asia.