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Metaplanet KK ( (JP:3350) ) has issued an update.
Metaplanet Inc. has announced an increase in its Bitcoin holdings to 2,100 BTC as part of its ongoing strategy to accumulate up to 21,000 BTC by the end of 2026. The company has also approved new capital market activities to support its Bitcoin strategy, including the issuance of stock acquisition rights and zero-coupon bonds, which will be used to accelerate Bitcoin purchases, potentially impacting stakeholders with increased market participation and enhanced BTC yield performance.
More about Metaplanet KK
Metaplanet Inc. operates in the financial sector with a strategic focus on cryptocurrency investments, specifically Bitcoin. The company is actively engaged in Bitcoin accumulation as part of its treasury operations, aiming to enhance shareholder value through its Bitcoin acquisition strategy.
YTD Price Performance: 73.28%
Average Trading Volume: 4,230,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen236.2B
Find detailed analytics on 3350 stock on TipRanks’ Stock Analysis page.
