The latest update is out from Metaplanet KK ( (JP:3350) ).
Metaplanet Inc. has announced the purchase of an additional 135 Bitcoin, bringing its total holdings to 2,235 Bitcoin. This move is part of its ongoing Bitcoin Treasury Operations, with the aim of enhancing shareholder value through strategic acquisitions. The company has also engaged in capital markets activities, including the issuance of stock acquisition rights and ordinary bonds to EVO FUND, to fund its Bitcoin purchases. These efforts are aligned with Metaplanet’s strategy to accelerate Bitcoin accumulation and improve its financial positioning in the cryptocurrency market.
More about Metaplanet KK
Metaplanet Inc. operates in the cryptocurrency industry, focusing on Bitcoin acquisition as part of its treasury operations. The company is actively involved in capital markets activities to support its Bitcoin accumulation strategy.
YTD Price Performance: 78.45%
Average Trading Volume: 3,960,198
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen246.3B
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