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Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
15.5.2024
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...
Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
13.5.2024
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million
Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden
13.5.2024
Metaplanet strategy “unequivocally prioritizes a Bitcoin-first, Bitcoin-only approach” with financial options such as long-dated yen liabilities.
The post Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden appeared first on Cryptonews
Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
13.5.2024
The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market
Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response
9.4.2024
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...
Metaplanet’s Stock Surges by 90% in Two Days After Adding $6.56M in Bitcoin to Balance Sheet
9.4.2024
Web3 infrastructure provider Metaplanet has seen a surge in its Tokyo-listed stock by nearly 90% within just two days after adding $6.56 million worth of Bitcoin to its balance sheet.
The post Metaplanet’s Stock Surges by 90% in Two Days After Adding $6.56M in Bitcoin to Balance Sheet...
Metaplanet Shares Soar as Japanese Firm Mimics MicroStrategy on Bitcoin Buying
9.4.2024
Metaplanet began as Red Planet Japan, a budget hotel operator, before pivoting to become a Web3 developer