Metaplanet shares jump after $5.4B plan to buy Bitcoin
Metaplanet hopes to buy 210,000 Bitcoin by the end of 2027, which would make it the second-largest holder of Bitcoin among public companies.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Metaplanet hopes to buy 210,000 Bitcoin by the end of 2027, which would make it the second-largest holder of Bitcoin among public companies.
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 CointelegraphRelated market context
Strategy Seeks Shareholder Vote to Pay Daily Dividends on STRC and Three Other Preferreds
Strategy is asking its shareholders to approve daily dividends on its four U.S.-listed preferred stocks, STRF, STRC, STRK and STRD...
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
Bitget has raised the estimated value of assets taken in its Sept. 24 breach to $387.5 million as exchanges and security firms mob...
Blockchain.com And NYSE Plan 24/7 Tokenized Stock Access
TL;DR Blockchain.com and NYSE Group have signed an agreement to explore access to tokenized U.S.-listed stocks and ETFs. The propo...
SEC Staff Clear Token Buybacks on Working Networks, With a Warning for Unfinished Ones
More crypto projects are using revenue to buy back their own tokens, the way public companies repurchase stock. Ethena proposed a...
Bullish Takes Aim at Wall Street’s Tokenized Stock Ownership Gap
Bullish, Equiniti, Alpaca, Apex Fintech Solutions and Drivewealth have formed the Issuer Sponsored Token Coalition to tackle an aw...
River reports 81% of Bitcoin supply inactive for six months as holders tighten their grip
Bitcoin's high dormancy rate suggests reduced market liquidity, potentially leading to increased price volatility and speculative...