MicroStrategy and Metaplanet Aim for Billions in Bitcoin Purchases as BTC Approaches $100K
MicroStrategy and Metaplanet are set to invest billions in Bitcoin as the cryptocurrency prices rise towards six figures.
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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.
Two major companies plan to purchase a significant amount of Bitcoin, with aspirations to enhance their holdings as BTC reaches a pivotal price point.
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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