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Metaplanet, MicroStrategy Double Down on Bitcoin Purchases At $90K

CoinGape LogoCoinGape10h ago

Metaplanet, MicroStrategy Double Down on Bitcoin Purchases At $90K - CoinGape

Quick Summary:

Japan stock exchange-listed firm Metaplanet has issued another round of one-year bonds and will purchase more Bitcoins through these proceeds.

The Japanese firm has been following the footsteps of MicroStrategy and has been on a Bitcoin acquisition spree since May 2024.

The company’s stock price surged past 2,000 JPY levels again on Monday.

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Metaplanet, MicroStrategy Double Down on Bitcoin Purchases At $90K - CoinGape (Picture 1)Metaplanet, MicroStrategy Double Down on Bitcoin Purchases At $90K - CoinGape (Picture 2)

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 08:53:21 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23653879

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 13 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Metaplanet, MicroStrategy Double Down on Bitcoin Purchases At $90K" was covered 10 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 13 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23653879
  • URL: https://beamstart.com/news/metaplanet-microstrategy-double-down-on-1731920983

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