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Metaplanet Inc. Dissolves Non-Core Subsidiary to Focus on Bitcoin Strategy

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Metaplanet Inc. Dissolves Non-Core Subsidiary to Focus on Bitcoin Strategy

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Metaplanet KK ( (JP:3350) ) just unveiled an announcement.

Metaplanet Inc. has announced the dissolution and liquidation of its subsidiary, Metamarket Inc., which was involved in Web3-related operations. This move aligns with Metaplanet’s strategic shift to focus solely on Bitcoin, marking a departure from broader cryptocurrency initiatives and reinforcing its commitment to Bitcoin Treasury operations.

The most recent analyst rating on (JP:3350) stock is a Buy with a Yen2400.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.

More about Metaplanet KK

Metaplanet Inc. is a company operating in the cryptocurrency industry, primarily focusing on Bitcoin Treasury operations. The company has shifted its strategy to concentrate exclusively on Bitcoin, aiming to accumulate a significant portion of Bitcoin’s total issuance by 2027.

Average Trading Volume: 51,002,250

Technical Sentiment Signal: Buy

Current Market Cap: Yen1031.8B

For a thorough assessment of 3350 stock, go to TipRanks’ Stock Analysis page.

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