Japan's Answer to MicroStrategy Raises $61 Million to Buy More Bitcoin
Metaplanet, a Japanese investment firm, has issued more debt to buy Bitcoin despite apparent pushback from shareholders this week.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories...
AVAX One holds $88 million in Avalanche tokens, but its lender only wants cash or Bitcoin
An unnamed institutional investor has drastically tightened its leash on AVAX One, raising the Nasdaq-listed crypto firm's minimum...
Inside the $18 million Bitcoin gamble with zero margin calls until September
PowerCompute will face its first monthly decision on 307 pledged BTC on Sept. 2, when its $18.13 million loan from Arch Lending re...
Bitcoin’s first institutional bear market is starting to take shape and draining liquidity
In an institutional bear market, a Bitcoin ETF redemption is almost aggressively boring. An investor sells shares, an authorized p...
Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million
Bitcoin Magazine Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million New analysis of Bitcoin the...
BNY Mellon boosts stake in Strategy, now holds roughly 1 million shares worth $187M
BNY Mellon's strategic allocation in MicroStrategy highlights a growing trend of institutional investors opting for crypto proxies...