News with the tag "Metaplanet bitcoin"

Tokyo-listed Metaplanet announced on Tuesday its strategic initiative to acquire 10,000 bitcoin (BTC) by the end of 2025 and 21,000 bitcoin by 2026, positioning itself among the largest corporate holders of the cryptocurrency globally. This bold move, dubbed the “21 Million Plan,” echoes Bitcoin’s f...

Metaplanet, a leading Bitcoin investment firm based in Japan , has announced ambitious plans to expand its Bitcoin holdings to 10,000 BTC by 2025 , according to a recent post by CEO Simon Gerovich on X . Currently holding 1,762 BTC, Metaplanet has already achieved a 30% profit on its investments, si...

Metaplanet stock is making strong moves today on the Tokyo Stock Exchange as its CEO Simon Gerovich disclosed plans to 5x their Bitcoin holdings in 2025. This is a bold move from Japan’s MicroStrategy which started accumulating BTC in May 2024 and already holds over 1,761 BTC on its balance sheet. A...

Japanese investment firm Metaplanet has forecasted its first consolidated operating profit in seven years, thanks to its pivot to Bitcoin. The Tokyo-based company revealed on December 18 that it expects to generate ¥890 million ($5.8 million) in revenue for the fiscal year ending December 31, a sign...

Metaplanet doubles down on bitcoin with Japanese investment firm issuing new bond series to purchase more bitcoin. Bitcoin is Metaplanet’s Favorite Asset Metaplanet, a Japanese investment firm has announced the issuance of new ordinary bonds worth $30 million (¥4.5 billion) with a specific goal to a...

Metaplanet, popular as Japan’s MicroStrategy, has raised an additional 4.5 billion Japanese Yen through the issuance of ordinary bonds to fund the company’s additional Bitcoin buying. The bonds, which will carry no interest, were issued to EVO FUND and have a maturity date of June 16, 2025. Amid thi...

Metaplanet, popularly called Japan’s Microstrategy, recently announced its partnership with SBI VC Trade announcing a shareholder benefit program and rewarding them with 30 million Yen of Bitcoins. This news was enough to send the company’s stock soaring over 6% surging past $2,450 levels. The Japan...

If successful with its fundraising, Metaplanet could purchase roughly 652 extra Bitcoin for $62 million.

The Metaplanet stock surged 6.5% on Thursday’s trading session after the company announced a fundraise of $62 million by issuing the Moving Strike Stock Acquisition Rights, in order to purchase additional Bitcoins. With a 102% surge over the past month, the stock has given three times the returns of...

Tokyo-based Metaplanet Bitcoin holdings grew by $28 million, doubling to 1,018.17 BTC since late September. Read original article on coincu.com