METAPLANET
Metaplanet
Metaplanet Q1 Profit Surges Despite $728M Bitcoin Loss
Metaplanet's Q1 operating profit rose to $14.4M, but a $728M non-cash Bitcoin valuation loss weighed heavily as BTC dropped 24%.
Metaplanet
Metaplanet Initiates $500 Million Share Buyback to Boost Bitcoin (BTC) Yield
Metaplanet announces a $500 million share buyback to enhance Bitcoin returns, utilizing a Bitcoin-backed credit facility. The move aims to improve capital efficiency amid market volatility.
Metaplanet
KEYWORDS
Japanese investment firm Metaplanet has become one of the largest corporate Bitcoin holders by acquiring 5,268 BTC for $623 million, raising its total to 30,823 BTC worth about $3.6 billion.