Metaplanet Boosts Bitcoin Holdings by 56% Buying BTC Price Dips

Quick Summary:

Japan’s MicroStrategy Metaplanet announced the purchase of an additional 617 BTC on Monday, buying the Bitcoin dips to $95,000 levels.

It further reported that the company has generated a massive 309% yield on its Bitcoin holdings during the fourth quarter.

However, the stock price has failed to rebound today significantly amid low sentiments.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaEl SalvadorJapan

Topics: Bitcoin News Bitcoin (BTC) Price Microstrategy 24/7 Cryptocurrency News Metaplanet Metaplanet share price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 06:42:10 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 529 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24591750

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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