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Metaplanet KK ( (JP:3350) ) just unveiled an update.
Metaplanet Inc. has announced the acquisition of 2,205 additional Bitcoin, bringing its total holdings to 15,555 Bitcoin. This move is part of its ongoing strategy to leverage Bitcoin as a key asset, with recent performance indicators showing significant BTC Yield growth, reflecting positively on shareholder value. The company also executed a partial early redemption of JPY 6 billion from its 19th Series of Ordinary Bonds, funded by proceeds from stock acquisition rights, indicating active capital management.
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 industry, focusing on Bitcoin Treasury Operations. The company is involved in acquiring and managing Bitcoin assets, aiming to enhance shareholder value through strategic cryptocurrency investments.
Average Trading Volume: 50,799,761
Technical Sentiment Signal: Buy
Current Market Cap: Yen1011.5B
For an in-depth examination of 3350 stock, go to TipRanks’ Overview page.