Metaplanet shows $605 Million yearly deficit from Bitcoin

Metaplanet’s aggressive push into Bitcoin is now weighing heavily on its finances as the cryptocurrency trades far below the prices at which the company accumulated most of its holdings. The Tokyo-listed firm, which shifted from hotel management into a Bitcoin-focused strategy, has…

Metaplanet to raise 880 million via overseas share sale?

Metaplanet has set out a detailed plan to raise new funds through an international share sale. The company is preparing to issue more than half a billion shares abroad, with nearly all of the proceeds directed toward expanding its Bitcoin…

Metaplanet Backs $5.4 Billion Rights Issue to Grow Bitcoin

In a bold move that captured market attention, Metaplanet, a Japanese hospitality firm-turned-crypto investor, announced a plan to raise approximately $5.4 billion to expand its Bitcoin reserves, already valued at nearly $1 billion. The announcement sent Metaplanet’s shares soaring by…

Tokyo’s Metaplanet Sees $28M Increase in Bitcoin Holdings Value

Metaplanet, a Tokyo-based investment company, has recently gained attention for its significant investments in Bitcoin, positioning itself as a leader in Asia’s emerging crypto landscape. Known for its strategic financial maneuvers, the firm has made substantial acquisitions in Bitcoin over…