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The latest announcement is out from Metaplanet KK ( (JP:3350) ).
Metaplanet Inc. has announced an additional purchase of 1,112 Bitcoin, bringing its total holdings to 10,000 Bitcoin. This acquisition is part of its ongoing Bitcoin Treasury Operations aimed at enhancing shareholder value. The company uses metrics like BTC Yield and BTC Gain to measure the performance and financial impact of its Bitcoin strategy, which has shown significant growth in recent quarters. Additionally, Metaplanet’s capital markets activity includes issuing stock acquisition rights to EVO FUND to align with market conditions.
More about Metaplanet KK
Metaplanet Inc. operates in the financial sector, focusing on cryptocurrency investments and treasury operations. The company is engaged in acquiring and managing Bitcoin as part of its strategic financial management.
Average Trading Volume: 50,274,532
Technical Sentiment Signal: Buy
Current Market Cap: Yen906.5B
See more insights into 3350 stock on TipRanks’ Stock Analysis page.