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Metaplanet KK ( (JP:3350) ) has issued an update.
Metaplanet Inc. has established a new wholly-owned holding subsidiary, Metaplanet Holdings, Inc., in Florida, USA, to improve its management of U.S. operations and support its expanding role in Bitcoin Treasury. This strategic move includes transferring all shares of Metaplanet Treasury Corp. to the new subsidiary, enhancing risk management and strategic flexibility. The company plans to establish a second subsidiary focused on derivatives-related operations, aligning with its income generation strategy and risk management best practices.
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. operates in the financial sector, focusing on Bitcoin treasury operations. The company is expanding its international corporate structure to enhance its role as a global leader in Bitcoin Treasury management.
Average Trading Volume: 51,177,514
Technical Sentiment Signal: Buy
Current Market Cap: Yen842.8B
For a thorough assessment of 3350 stock, go to TipRanks’ Stock Analysis page.