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Metaplanet Inc. Expands Bitcoin Holdings and Secures Funding for Further Accumulation

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Metaplanet Inc. Expands Bitcoin Holdings and Secures Funding for Further Accumulation

Metaplanet KK ( (JP:3350) ) just unveiled an update.

Metaplanet Inc. has announced the acquisition of an additional 156 Bitcoin, bringing its total holdings to 2,391 Bitcoin, as part of its ongoing Bitcoin Treasury Operations. The company has also approved the issuance of stock acquisition rights and bonds to fund its Bitcoin accumulation strategy, reflecting its commitment to enhancing shareholder value through strategic financial maneuvers.

More about Metaplanet KK

Metaplanet Inc. operates in the cryptocurrency industry, focusing on Bitcoin Treasury Operations. The company is involved in acquiring and holding Bitcoin as part of its strategic financial operations.

YTD Price Performance: -4.89%

Average Trading Volume: 3,805,552

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen133.5B

Find detailed analytics on 3350 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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