Public Keys: Strategy Eyes Domination, Metaplanet Bitcoin Barrage, and Coinbase XRP Boost

Key Points

1. Metaplanet plans to raise $3.7 billion through a preferred stock offering to buy Bitcoin, targeting 210,000 BTC by 2027.

2. Metaplanet's share price has surged 207% year-to-date and 313% over the past year, but dropped 7.65% on the day of the announcement.

3. Coinbase reported $1.5 billion in Q2 revenue, a 25% decline from the previous quarter and below analyst forecasts of $1.59 billion.

4. XRP outperformed Ethereum in trading on Coinbase during Q2, according to the company's shareholder letter.

5. Bernstein analysts maintain an outperform rating for Coinbase with a $510 price target, citing improving crypto market structure and trading volumes.