Japan's Metaplanet Secures $6.8 Million Loan to Expand Bitcoin Holdings
Metaplanet secures $6.8M loan to purchase Bitcoin, boosting stock by 20.2% amidst Japanese market downturn.
EdmundMetaplanet secures $6.8M loan to purchase Bitcoin, boosting stock by 20.2% amidst Japanese market downturn.
EdmundMetaplanet Inc. is making a substantial investment in Bitcoin amidst a challenging economic environment. The company's strategic focus on Bitcoin as a reserve asset aims to protect against inflation and currency depreciation.
SanyaPlanet-X integrates with Ethereum’s Xai, offering NFT-based rewards and real-world prizes like a Tesla Cybertruck in its upcoming open beta.
Xu LinMetaplanet has successfully completed its Bitcoin purchase plan with an additional $1.2 million investment, significantly increasing its Bitcoin holdings. This move has positively impacted its stock price and positioned the company as a key player in Bitcoin adoption in Japan.
Huang BoThe moves by Sony and Metaplanet indicate growing adoption of Crypto assets in Japan.
JinseFinanceThe Japanese investment advisor said it acquired more than 20.2 BTC.
JinseFinanceMetaplanet, often referred to as the "MicroStrategy of Asia," has acquired an additional 20.2 Bitcoin (BTC) worth approximately 200 million yen (about $1.2 million). This is the company's fourth Bitcoin purchase in four months. With this latest purchase, Metaplanet's total Bitcoin holdings have reached 161.27 BTC, valued at over 1.6 billion yen (over $10 million).
ZeZhengMetaplanet's shares soared 158% after adopting a Bitcoin investment strategy, mirroring MicroStrategy, amid Japan's economic pressures and yen devaluation.
BerniceThe news is good for traditional investors, but bad for metaverse and NFT hopefuls.
CryptoSlateThe non-fungible token (NFT) space has been around for a while now and with adoption have come numerous bottlenecks surrounding ...
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