Capital Group Acquires 5% Stake in Bitcoin Firm Metaplanet
Investment manager Capital Group strengthens its position in the crypto sector with a new investment in Metaplanet.
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Investment manager Capital Group strengthens its position in the crypto sector with a new investment in Metaplanet.
Two major companies plan to purchase a significant amount of Bitcoin, with aspirations to enhance their holdings as BTC reaches a pivotal price point.
MicroStrategy and Metaplanet aim to acquire billions in Bitcoin, enhancing their holdings significantly in 2025.
MicroStrategy and Metaplanet are set to invest billions in Bitcoin as the cryptocurrency prices rise towards six figures.
The two firms plan to invest $3 billion into bitcoin this year, with MicroStrategy planning for purchases in early 2025.
Metaplanet's significant Bitcoin purchase comes as market sentiment turns negative, marking a notable decline for Bitcoin and XRP.
Metaplanet plans to bolster its Bitcoin holdings by issuing $11.3 million in bonds, following MicroStrategy's approach.
Metaplanet Inc. has secured its place on the CoinShares Blockchain Global Equity Index, marking a significant milestone for the Japanese investment adviser.
Metaplanet has successfully raised $66 million by completing its 11th series of stock acquisition rights, resulting in significant ownership stakes.
Japanese investment advisor Metaplanet increases its Bitcoin holdings with a substantial purchase.
Metaplanet has executed a significant options strategy in BTC to strengthen its asset base, leading to nearly 24 BTC in premium earnings.
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