The latest announcement is out from Metaplanet KK ( (JP:3350) ).
Metaplanet Inc. has announced the acquisition of an additional 145 Bitcoin, bringing its total holdings to 5,000 Bitcoin, as part of its ongoing Bitcoin Treasury Operations. This strategic move is designed to be accretive to shareholders, with the company reporting significant BTC Yield percentages over recent quarters, indicating strong performance in its Bitcoin acquisition strategy. The company has also been active in capital markets, issuing stock acquisition rights and bonds to fund its Bitcoin accumulation strategy, reflecting its commitment to expanding its cryptocurrency portfolio.
More about Metaplanet KK
Metaplanet Inc. operates in the financial sector, focusing on cryptocurrency investments, particularly Bitcoin. The company is engaged in Bitcoin Treasury Operations, aiming to enhance shareholder value through strategic acquisitions of Bitcoin.
YTD Price Performance: -0.57%
Average Trading Volume: 43,259,259
Technical Sentiment Signal: Sell
Current Market Cap: Yen159.1B
Learn more about 3350 stock on TipRanks’ Stock Analysis page.
