Metaplanet Just Used Bitcoin To Buy More Bitcoin—$100 Million Worth
Metaplanet Inc. has taken out $100 million in loans against its Bitcoin holdings, hoping to use that money to buy more Bitcoin and underpin operations. Related Reading: Coinbase Official Says Banks Are Standing In The Way Of Financial Innovation The Tokyo-listed company reportedly executed the loan at the end of October under an existing credit […]
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Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. With this purchase, Metaplanet now holds 3,050 BTC, worth nearly $250 million at current prices. Related Reading: Bitcoin Goes Corporate: Major […]
Japanese Bitcoin treasury company Metaplanet has announced a fresh BTC acquisition, adding $93 million worth of the asset to its reserves. Metaplanet Has Expanded Its Bitcoin Treasury Holdings As revealed by Metaplanet president Simon Gerovich in a new post on X, the company has acquired another 775 BTC. The purchase occurred at an average price […]
Metaplanet has added to its Bitcoin treasury once again, buying 1,009 BTC in a fresh transaction worth approximately $112 million. In doing so, the Japanese investment house now holds 20,000 BTC worth over $2 billion at current prices. Aggressive Buying Over Recent Months Reports indicate that Metaplanet has been accumulating Bitcoin at a quick rate. […]
Japanese investment firm Metaplanet today announced plans to raise another 130 billion yen ($880 million) through an international share sale. Of that amount, the firm intends to allocate roughly $835 million toward purchasing additional Bitcoin (BTC). Metaplanet Eyes More Bitcoin Purchases According to a regulatory filing, Tokyo-based Metaplanet has approved a plan to raise as […]
Japanese VC firm Metaplanet added another 269.43 Bitcoin ($BTC) to its portfolio, bringing its total worth to $195.4M at the current price. Metaplanet adopted Michael Saylor’s $BTC-first approach last year and has since become the best-performing company on the Tokyo stock exchange. Its stock price grew 3,926% YTD–for a record, the second top gainer was […]