Japan's Metaplanet Plans to Inject $5B Into U.S. Subsidiary to Accelerate BTC Strategy
21 Articles
21 Articles
Metaplanet Overtakes Musk’s Tesla To Become Seventh Largest Corporate Bitcoin Holder After Latest Buy
Metaplanet has scaled up its Bitcoin buys at a rapid pace. The Japanese investment firm has now overtaken Elon Musk’s Tesla in corporate Bitcoin holdings after purchasing an additional 1,234 BTC. Metaplanet Grows Bitcoin Treasury To 12,345 BTC The Tokyo-listed firm disclosed on Thursday that it had acquired the Bitcoin stash at around $107,557 per BTC. The latest acquisition has lifted Metaplanet’s Bitcoin cache to 12,345 BTC at an average price…
Metaplanet Surpasses Tesla in Bitcoin Holdings, Aims for 210K BTC by 2027
Japanese investment firm Metaplanet (3350.T) has significantly increased its Bitcoin (BTC) holdings with the purchase of an additional 1,234 BTC, bringing its total to 12,345 BTCworth approximately $1.3 billion at current prices. With this latest acquisition, Metaplanet has overtaken Tesla and Hut 8 to become the seventh-largest corporate holder of Bitcoin globally and the only Asian company in the top 10. Originally a hospitality company, Tokyo…
BTC, GME News: GameStop Raises $2.7B - Data Intelligence
Video game retailer GameStop This came just a week after the retailer’s initial $2.25 billion private placement, bringing the total fundraising to $2.7 billion from the offering, the company said. The additional notes were sold under a 13-day option granted to the initial purchaser, who exercised the so-called “greenshoe” option in full. The notes, due in 2032, can convert into GameStop Class A common shares at a price of $28.91, representing a …
The Japanese investment firm remains steadfast in its plan to accumulate bitcoin as a strategic reserve asset. Read more
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