Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars

June 12, 2024 Bitcoin.com

Bitcoin

Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC, amounting to a total aggregated purchase […]

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Metaplanet’s shares soar 10% after new Bitcoin investment

June 11, 2024 The Crypto Briefing

Bitcoin

Metaplanet's shares see a notable rise after purchasing $1.5 million in Bitcoin, marking its third investment in the digital asset.

The post Metaplanet’s shares soar 10% after new Bitcoin investment appeared first on Crypto Briefing.

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Metaplex Announces Introduction of Hybrid Defi Protocol for Solana

June 1, 2024 Bitcoin.com

Altcoins

Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers of each artistic collection. Metaplex Aims to Extend Hybrid […]

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model

May 31, 2024 Bitcoin.com

Bitcoin

Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin […]

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury

May 29, 2024 Bitcoin.com

Bitcoin

Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […]

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

‘Asia’s MicroStrategy’ Metaplanet to acquire ¥250 million worth of BTC

May 28, 2024 The Crypto Briefing

Bitcoin

Metaplanet will invest an additional 250 million in Bitcoin, building on its pioneering crypto portfolio in Japan's corporate sector.

The post ‘Asia’s MicroStrategy’ Metaplanet to acquire ¥250 million worth of BTC appeared first on Crypto Briefing.

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts

May 23, 2024 Bitcoin.com

Bitcoin (BTC)

Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% […]

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks

May 23, 2024 Coin Telegraph

Coin Telegraph

Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week.

Metaplanet, a Japan-based investment firm borrowing from MicroStrategy’s Bitcoin (BTC) playbook, has seen its shares rocket 158% over the last week — becoming the highest gainer among all Japanese stocks.

Metaplanet’s share price is currently 93 Japanese yen, rising 127% in the last two days. The surge caused the Tokyo Stock Exchange to activate a circuit breaker trading halt at least twice in the last week.

It is now close to breaching a $1 billion market cap ($940 million or 14.8 billion Japanese yen at current prices).

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness

May 15, 2024 Bitcoin.com

Bitcoin first

Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of the available possibilities for increasing its holdings. Metaplanet Announces Bitcoin First Approach, Unveils […]

US Supreme Court to review Nvidia’s appeal in crypto mining lawsuit

Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response

April 9, 2024 Bitcoin.com

Japanese Firm Metaplanet to Add 9M in Bitcoin to Its Treasury, Shares Soar 90% in Response

bitcoin.com

According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin into its balance sheet. Metaplanet Joins Forces With […]

Metaplanet

Share this video