Metaplanet’s stock (3350.T) experienced a remarkable surge of over 15% on October 15 (Asian time) after the company announced it had added more than 106 Bitcoin to its reserves.
Read MoreMetaplanet’s stock (3350.T) experienced a remarkable surge of over 15% on October 15 (Asian time) after the company announced it had added more than 106 Bitcoin to its reserves.
Read MoreMetaplanet, a Bitcoin investment firm, has announced a significant move to bolster its Bitcoin reserves by selling 233 Bitcoin (BTC) put options. In a statement released on October 3, the firm detailed that it earned a premium of 23.97 BTC from this transaction, highlighting a strategic approach to leverage Bitcoin’s inherent volatility.
Read MoreTokyo-listed investment firm Metaplanet announced on Tuesday that it has acquired an additional 107.913 Bitcoin, valued at approximately ¥1 billion (around $7 million). This latest purchase brings the firm's total Bitcoin holdings to roughly 506 BTC, which is equivalent to about $32 million at current Bitcoin prices.
Read MoreMicroStrategy, an early institutional investor in Bitcoin, has reaped remarkable rewards from its bold investment strategy. The company, now the largest public holder of BTC, has achieved a staggering 36x return on its initial investment.
Read MoreIn the past two years, Bitcoin has proven itself as a formidable asset, rising an impressive 237%. However, shares of MicroStrategy (MSTR), a company heavily invested in Bitcoin under the leadership of former CEO Michael Saylor, have outperformed even this growth, skyrocketing by 669% during the same period.
Read MoreRecent reports from Arkham Intelligence reveal a significant shift in the global Bitcoin landscape. Bhutan, often overlooked in the cryptocurrency sector, has emerged as a major player, surpassing El Salvador in Bitcoin holdings.
Read More