Articles for tag: Bitcoin holdings, cryptocurrency investment, Digital Assets, institutional buying, Japan, Metaplanet, Stock Split

Market News

Metaplanet Boosts Bitcoin Holdings by $67M After Major 10-to-1 Stock Split

Metaplanet, a Japan-based company, has increased its Bitcoin assets by acquiring 696 BTC for about 10.2 billion yen ($67 million). This purchase raises their total Bitcoin holdings to 4,046 BTC, valued at over $341 million. The acquisition follows a recent bond issuance of 2 billion yen ($13.3 million) aimed at purchasing more Bitcoin and comes ...

Market News

Japanese Firm Metaplanet Raises $13.3M in Bonds to Expand Bitcoin Holdings for Strategic Investment Growth

Metaplanet, a Japanese company known for boosting its Bitcoin holdings, has recently issued 2 billion yen (approximately $13.3 million) in zero-interest bonds to buy more Bitcoin. The CEO, Simon Gerovich, stated that this move capitalizes on the recent drop in Bitcoin prices, which are currently around $82,000. The company, often referred to as “Asia’s MicroStrategy,” ...

Market News

Metaplanet Boosts Bitcoin Strategy with Major Purchase, Surpassing Toyota in Trading Volume

Metaplanet, a Bitcoin investment firm based in Japan, recently hit a remarkable daily trading volume of ¥50.4 billion (about $337 million) after acquiring more Bitcoin. This achievement places Metaplanet as the 13th most active trading firm in Japan, surpassing even automotive giant Toyota. CEO Michael Gerovich shared the milestone on X, highlighting increased investor confidence, ...

Market News

Metaplanet Boosts Bitcoin Strategy with Major Purchase, Surpassing Toyota in Trading Volume

Metaplanet, a Bitcoin investment firm based in Japan, has achieved an impressive daily trading volume of ¥50.4 billion (about $337 million) following a significant BTC acquisition. This milestone places Metaplanet 13th among Japanese firms for trading activity, surpassing even the automotive giant Toyota. CEO Michael Gerovich highlighted this achievement on social media, attributing the surge ...

Market News

Metaplanet Capitalizes on Market Dip with Strategic 150-BTC Bitcoin Purchase

Metaplanet, a Japanese company focused on Bitcoin investments, has recently acquired an additional 150 Bitcoin, bringing its total holdings to 3,200 BTC, valued at around $261.8 million. This latest purchase is part of Metaplanet’s ambitious plan to acquire 21,000 BTC by 2026. Despite the significant purchase costing approximately $12.6 million, the company’s stock saw a ...

Market News

Japan’s Metaplanet Acquires More Bitcoin and Considers Potential U.S. Listing to Expand Crypto Presence

Metaplanet, a Bitcoin investment firm, acquired an additional 156 Bitcoin on March 3, spending approximately $13.4 million. This purchase boosts their total Bitcoin holdings to 2,391 BTC, representing an investment of $196.3 million since April last year. CEO Simon Gerovich is considering potential listings outside Japan, including in the United States, following meetings with the ...

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