Metaplanet $12 Million Bitcoin Strategy

Metaplanet invests $12 million in Bitcoin to protect against Japan’s economic instability. The company adopts a debt financed Bitcoin strategy, inspired by MicroStrategy. Metaplanet, a Japanese public company, is boldly increasing its Bitcoin holdings through a ¥1.75 billion (roughly $12 million) bond issuance. Becoming Asia’s second-largest corporate holder of Bitcoin and using this strategy to…

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Metaplanet Secures Over $11M in Bonds to Boost Bitcoin Holdings

Metaplanet, a company listed on the Tokyo Stock Exchange, has announced the issuance of about $11.31 million (¥1.75 billion) in one-year bonds with a 0.36% interest rate, with the proceeds earmarked for additional purchases of bitcoin (BTC). This strategic move underscores Metaplanet’s commitment to expanding its cryptocurrency investments amid a growing interest in digital assets….

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Rising Bitcoin tides lift small-cap companies to bold reserve strategies

Three publicly traded companies — Thumzup Media Corporation, Solidion Technology, and Genius Group — are gaining attention by incorporating Bitcoin into their treasury reserves. These firms, each with a market capitalization under $50 million, are making bold moves as Bitcoin continues to attract interest from both retail and institutional investors following its recent surge to…

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Metaplanet Now Listed on CoinShares BLOCK Index

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Metaplanet Inc. has surged as the country’s best-performing stock, with a year-to-date gain of nearly 840%. By anchoring its strategy in Bitcoin, the Tokyo-based investment firm has caught the attention of investors with its over 1,000 Bitcoins. This massive Bitcoin holdings has earned it a place in CoinShares’ Blockchain…

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Metaplanet’s Total Bitcoin Holdings Exceed 1,000 BTC Following Latest Purchase

Este artículo también está disponible en español. Japan-based investment firm Metaplanet has now accumulated over 1,000 Bitcoin (BTC) with its latest acquisition, establishing itself as one of Asia’s largest corporate holders of the digital asset. Metaplanet’s Bitcoin Holdings Top 1,000 BTC In an announcement made on October 28, Tokyo-listed Metaplanet stated it had purchased an…

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Metaplanet becomes Asia’s largest Bitcoin holder with over 1,000 BTC

Japan-based Metaplanet recently achieved a significant benchmark by pushing its Bitcoin holdings over 1,000 BTC. On Oct. 28, the company stated that it acquired 156.78 BTC at an investment of $10.4 million, raising its total Bitcoin stash to 1,018.17 BTC—currently valued at approximately $68.8 million. This acquisition brought Metaplanet’s average purchase price to around 9,450,746…

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Metaplanet Raises $66.2M for Bitcoin Expansion Despite Market Volatility  

October 23, 2024 at 04:55 AM GST updated: October 23, 2024 at 01:39 AM 2 mins read News Metaplanet raised 10 billion yen for Bitcoin growth, achieving a 72.8% exercise rate with over 13,000 shareholders participating.   The announcement came amid Bitcoin’s price dropping from $69,000 to $67,500 during early trading hours.   Metaplanet’s strategic Bitcoin accumulation…

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Metaplanet Raises $66 Million In Fresh Funding to Buy Bitcoin

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Japanese investment firm Metaplanet has completed its 11th series of stock acquisition rights, raising $66 million (10 billion yen). Of the 18.1 million stock rights issued, 72.8% were exercised, demonstrating strong confidence from the investor community in the company’s prospects. According to reports, the stock acquisition rights attracted 13,774…

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Metaplanet Adjusts Bitcoin Put Options Amid Growing Optimism: Details

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Japanese investment firm Metaplanet Inc. has rolled up its previously disclosed Bitcoin put options, adjusting the strike price from $62,000 to $66,000. The firm announced this strategic adjustment on Wednesday, aimed at boosting returns on its option sales while maintaining the same maturity date of December 27. The roll-up,…

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Fidelity Adds $117.1M in Bitcoin as Institutions Continue to Buy the Dip

October 12, 2024 at 11:50 AM GST updated: October 12, 2024 at 11:31 AM 2 mins read News Fidelity’s $117.1M Bitcoin buy underscores rising institutional confidence in crypto investments. Bitcoin trades between $62K-$63.6K as major institutions, like Metaplanet, capitalize on price dips. MicroStrategy’s stock soars 157% in 2024, driven by aggressive Bitcoin buying amid market…

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Metaplanet acquires additional 108 BTC in efforts to dethrone Meitu as Asia’s top Bitcoin holder

Japanese investment firm Metaplanet has increased its Bitcoin holdings to over 700 BTC after its latest acquisition of the top crypto asset. On Oct. 11, Metaplanet confirmed the purchase of an additional 108.999 BTC for ¥1 billion. The firm acquired the Bitcoin at an average price of ¥9.17 million, roughly $61,659. This marks Metaplanet’s third…

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Metaplanet Adds ¥1 Billion in Bitcoin as Part of Aggressive 2024 Investment Strategy

October 11, 2024 at 11:45 AM GST updated: October 11, 2024 at 11:21 AM 2 mins read News Metaplanet strengthens its Bitcoin strategy by acquiring an additional 108.999 BTC, worth ¥1 billion. The company leverages favorable yen conditions to expand its cryptocurrency holdings, targeting ¥10 billion by 2024. Metaplanet’s sophisticated approach includes selling put options…

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Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings

On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding…

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Metaplanet Doubles Down on Bitcoin With Purchases Worth $6.9M

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Tokyo-listed investment firm Metaplanet Inc. announced earlier today a fresh purchase of 107.913 Bitcoin (BTC), valued at approximately 1 billion yen ($6.9 million). This significant acquisition reinforces the company’s growing confidence in Bitcoin as it integrates digital asset into its strategic financial framework. The firm revealed its plans to…

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Metaplanet Grows Bitcoin Holdings With $2.2 Million Acquisition

Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin…

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Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now

Este artículo también está disponible en español. Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought…

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Metaplanet doubles down on Bitcoin amid Japan crypto boom

Metaplanet Inc. has acquired an additional 38.464 Bitcoin, valued at approximately ¥300 million ($2 million), according to a Sept. 10 statement. This latest purchase brings Metaplanet’s total Bitcoin holdings to 398.832 BTC, worth about ¥3.75 billion ($26 million). According to Yahoo Finance data, following the acquisition, Metaplanet’s stock rose 4.42% to ¥1,086. The stock is…

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SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions

Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity and decentralized nature. The partnership provides Metaplanet access to SBI VC Trade’s tax-efficient corporate custody services and the ability to use bitcoin as collateral, supporting…

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Metaplanet teams up with Japan’s SBI for enhanced regional Bitcoin custody and trading

Bitcoin investment company Metaplanet has formed a strategic partnership with Japan’s financial giant SBI through its crypto investment service, SBI VC Trade, for Bitcoin trading and custody, according to a Sept. 2 statement. Metaplanet emphasized that this partnership aligns with its ongoing strategy to engage with key industry players in Japan who support its corporate…

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