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Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition

CoinGape LogoCoinGape13h ago

Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition - CoinGape

Quick Summary:

The Metaplanet stock surged 6.5% on Thursday’s trading session after the company announced a fundraise of $62 million by issuing the Moving Strike Stock Acquisition Rights, in order to purchase additional Bitcoins.

With a 102% surge over the past month, the stock has given three times the returns of Bitcoin’s 36% gains.

Actually Metaplanet is the hottest stock in Japan this year.@business Feel free to reach out for an interview pic.twitter.


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Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition - CoinGape (Picture 1)Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition - CoinGape (Picture 2)Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition - CoinGape (Picture 3)

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 11:29:48 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23918322

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 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 Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition" was covered 13 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 28 news stories per day.

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  • News ID: #23918322
  • URL: https://beamstart.com/news/metaplanet-stock-jumps-65-after-17327939753528

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