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Metaplanet Expands Bitcoin Holdings and Strengthens Financial Strategy

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Metaplanet KK ( (JP:3350) ) has shared an update.

Metaplanet Inc. has announced the acquisition of 319 additional Bitcoin, bringing its total holdings to 4,525 Bitcoin. This move is part of the company’s ongoing strategy to enhance its Bitcoin Treasury Operations, which are designed to be accretive to shareholders. The company has also engaged in capital markets activities, including the issuance of stock acquisition rights and bonds, to support its Bitcoin accumulation strategy.

More about Metaplanet KK

Metaplanet Inc. operates in the financial sector, focusing on Bitcoin Treasury Operations. The company is involved in acquiring and managing Bitcoin assets, aiming to enhance shareholder value through strategic cryptocurrency investments.

YTD Price Performance: 0.57%

Average Trading Volume: 45,525,583

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen167.7B

Find detailed analytics on 3350 stock on TipRanks’ Stock Analysis page.

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