Metaplanet Makes Historic Move with Largest-Ever Bitcoin Purchase of 620 BTC
Japanese investment firm Metaplanet has recently made headlines by completing the largest single Bitcoin purchase in its history, acquiring 619.7 BTC (worth nearly $60 million) as the cryptocurrency trades below $100,000. This monumental transaction marks a significant milestone for the firm, which began accumulating Bitcoin in May. On December 23, Metaplanet revealed this purchase, which […]
Metaplanet Set to Achieve First Operating Profit in Seven Years, Thanks to Bitcoin Investments
In a significant turn of events for the Tokyo-based investment firm Metaplanet, the company has announced its expectation to achieve its first operating profit since 2017, driven largely by its recent ventures in Bitcoin. The firm, which has pivoted to incorporate Bitcoin into its treasury strategy, is anticipating a fiscal revenue of 890 million Japanese […]
Metaplanet Joins Amplify Transformational Data Sharing ETF: A New Era for Bitcoin Investment
In a significant move for the cryptocurrency landscape, Metaplanet has been officially added to the Amplify Transformational Data Sharing ETF (BLOK). This groundbreaking announcement was made by the Japanese investment firm on November 28, 2024. Metaplanet has positioned itself among 53 leading companies that are driving the evolution of blockchain technology. The Amplify Transformational Data […]
Metaplanet’s Bold Move: Issuing ¥1.75 Billion in Bonds to Boost Bitcoin Holdings
Japanese investment adviser Metaplanet is making headlines with its latest announcement to issue ¥1.7 billion (approximately $11.7 million) in bonds. This innovative financial strategy is aimed at funding further acquisitions of Bitcoin (BTC), demonstrating the company’s unwavering commitment to the cryptocurrency market. On November 18, 2024, Metaplanet revealed that the new bonds will carry a […]
Metaplanet Achieves Remarkable $28 Million Gain on Bitcoin as Stock Faces Challenges
Tokyo-based Metaplanet recently disclosed an astounding $28 million gain on its Bitcoin holdings, reflecting the company’s impressive performance amid a revitalized bull market. While the cryptocurrency market has witnessed a surge in Bitcoin’s value, Metaplanet has effectively doubled its investment in the digital asset, outperforming expectations. However, despite this significant financial gain, the company’s stock […]