Metaplanet Secures Over $11M in Bonds to Boost Bitcoin Holdings

November 18, 2024 Bitcoin.com

Metaplanet Secures Over M in Bonds to Boost Bitcoin Holdings

bitcoin.com

Metaplanet, a company listed on the Tokyo Stock Exchange, has announced the issuance of about $11.31 million (¥1.75 billion) in one-year bonds with a 0.36% interest rate, with the proceeds earmarked for additional purchases of bitcoin (BTC). This strategic move underscores Metaplanet’s commitment to expanding its cryptocurrency investments amid a growing interest in digital assets. […]

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Japanese Investment Firm Now Holds Over $128,000,000 in Bitcoin After Latest BTC Accumulation Spree

October 30, 2024 The Daily Hodl

Bitcoin

The Japanese investment firm Metaplanet now holds more than $168 million worth of Bitcoin after a recent BTC purchase. The firm began accumulating the top crypto asset by market cap after it announced a shift in its treasury management strategy earlier this year, purchasing a total of 156.78 BTC over the weekend. Explained Metaplanet at […]

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Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M

October 15, 2024 Bitcoin.com

Metaplanet Buys 106 BTC, Total Holdings Now Valued at M

Bitcoin

Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings. With these recent additions, Metaplanet now […]

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million

October 12, 2024 Bitcoin.com

Bitcoin

Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet: Why Metaplanet Isn’t Slowing Down Dubbed the ‘Japanese Microstrategy,’ […]

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Bitcoin to have ‘crazy decade’ as global wealth managers dive in

October 11, 2024 Coin Telegraph

Bitcoin

Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference.

While some investors may see Bitcoin’s current prices as a peak for the asset, industry professionals say that the crypto asset will continue to surprise investors as more global wealth managers allocate funds to BTC.

In an interview with Cointelegraph managing editor Gareth Jenkinson, Pierre Rochard, the vice president of research at Riot Platforms, and Dylan LeClaire, the director of Bitcoin Strategy at Metaplanet, shared their thoughts on what lies ahead for Bitcoin (BTC).

Speaking to Cointelegraph at the Bitcoin Amsterdam 2024 conference, Rochard said there’s a misleading narrative that Bitcoin gains are in the past. The executive said that from a global wealth balance sheet perspective, Bitcoin adoption is “still less than 1%.” He explained:

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings

October 9, 2024 Bitcoin.com

Bitcoin

On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding […]

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Metaplanet Boosts Bitcoin Holdings With $6.7 Million Investment

October 8, 2024 Bitcoin.com

Bitcoin

Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition, Metaplanet’s total bitcoin holdings now stand at 639.503 bitcoin. The cumulative amount […]

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Japan’s Metaplanet makes $7M Bitcoin buy, bringing holdings to $40.5M

October 7, 2024 Coin Telegraph

Japan’s Metaplanet makes M Bitcoin buy, bringing holdings to .5M

Assets

The Japanese investment firm has scooped up more than 200 Bitcoin so far this month.

Japanese investment company Metaplanet made another Bitcoin purchase, bringing its stash to almost 640 Bitcoin and sending its stock surging more than 10%.

On Oct. 7, Metaplanet announced its latest Bitcoin purchase after the Tokyo-listed firm scooped up another 108.78 Bitcoin (BTC), worth about $6.92 million at its current price of around $63,600.

Metaplanet, which has been dubbed “Asia’s MicroStrategy” after the American BTC-buying firm, has been aggressively acquiring BTC and amassed more than 215 BTC over the week, following a 107.91 BTC purchase on Oct. 1.

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Metaplanet doubles down on Bitcoin, acquires additional ¥1 billion worth of BTC

October 1, 2024 The Crypto Briefing

Bitcoin

Metaplanet's aggressive Bitcoin acquisition strategy highlights a growing trend of firms using cryptocurrency as a hedge against economic instability.

The post Metaplanet doubles down on Bitcoin, acquires additional ¥1 billion worth of BTC appeared first on Crypto Briefing.

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Cathedra Bitcoin cools off mining to tap MicroStrategy playbook

September 17, 2024 Coin Telegraph

Bitcoin investment

Cathedra Bitcoin said Bitcoin mining simply hasn’t provided enough shareholder value on a Bitcoin basis over the last three years, which prompted a change in strategy.

Canadian Bitcoin miner Cathedra Bitcoin is taking the gas pedal off its seven-year mining operation in favor of a new strategy: Buying as much Bitcoin as possible in the open market à la MicroStrategy.

In a Sept. 16 “Bitcoin Treasury Strategy Memo,” Cathedra explained its new plan will see “all capital allocation decisions” now geared toward maximizing the firm’s Bitcoin reserves on a per share basis — the “most important” metric for many of its largest shareholders.

“This represents the formalization of a policy we have always held loosely in our minds but have not always allowed to guide our decisions in a disciplined way.”

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