Articles for tag: Bitcoin, corporate holdings, Cryptocurrency, Investment, Japan, Metaplanet, Stock Market

March 5, 2025

Metaplanet Stock Surges 19% Following Strategic 497 Bitcoin Purchase Amid Market Dip

Japanese investment firm Metaplanet has recently purchased $44 million worth of Bitcoin, causing its stock price to rise by 19%. CEO Simon Gerovich announced that the firm bought 497 Bitcoin at approximately $88,448 each, bringing its total holdings to 2,888 BTC, valued at around $251 million. Despite Bitcoin’s recent decline, Metaplanet has achieved a year-to-date ...

February 26, 2025

Market News

Crypto

MSTR’s 50% Decline: Implications for Its $43B Bitcoin Holdings and Future Market Outlook

Despite recent sharp declines in Bitcoin prices, MicroStrategy (MSTR) has been on a downward trend for over three months, trading around $250, significantly down from its peak of $543 in November. Investors in leveraged MSTR products have faced even harsher losses, with some ETFs falling up to 90%. However, MicroStrategy’s Bitcoin acquisitions, initiated in August ...