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Japanese listed company Metaplanet's stock price has risen 810% since its first investment in Bitcoin
2024-07-22 09:53
Odaily News Metaplanet, a Japanese listed company, increased its holdings of Bitcoin four times in July, bringing its total holdings to nearly 246, or about $16.5 million. Data shows that Metaplanet's stock price rose 19.31% today to 173 yen (1.1 U.S. dollars). On April 8, Metaplanet first announced that it would use Bitcoin as a core reserve asset, initially pledging to invest $6.5 million to purchase Bitcoin. Since its first investment in Bitcoin, Metaplanet's stock price has risen from $0.12 to $1.1, an increase of 810% since April 8. (Cointelegraph) Earlier today, it was reported that Metaplanet, a Japanese listed company, once again increased its holdings by 20.381 BTC.