Metaplanet has significantly expanded its bitcoin reserves by acquiring an additional 780 BTC for approximately $92.5 million, bringing its total holdings to 17,132 BTC valued at nearly $2 billion. The transaction executed at an average price of $118,622 per coin… Read More »Metaplanet Expands Bitcoin Treasury with $92.5 Million Purchase, Stock Rises 5%
Investment bank TD Cowen has reaffirmed its bullish stance on MicroStrategy (MSTR), declaring the company’s significant premium valuation justified due to its aggressive Bitcoin acquisition strategy. The firm sees substantial potential for the stock as MicroStrategy’s holdings of the leading… Read More »TD Cowen Backs MicroStrategy Valuation, Forecasts 900,000 BTC Holdings by 2027
Corporate investment firm Metaplanet has significantly expanded its Bitcoin holdings through a strategic $118 million acquisition, adding 1,111 BTC to its treasury reserves. This latest purchase brings Metaplanet’s total Bitcoin portfolio to 11,111 BTC, acquired at an average price of… Read More »Metaplanet Acquires 1,111 Bitcoin in $118 Million Purchase, Targets 210,000 BTC by 2027