Why Metaplanet Is the Next MicroStrategy With BTC Yield of 155%?

Quick Summary:

Japanese firm Metaplanet has been following the footsteps of MicroStrategy for its Bitcoin acquisition strategy.

This has resulted in a massive gain in its BTC yield which has led to its valuation nearly double since the beginning of the year.

Metaplanet has recently released its Q3 Financial data reporting a BTC yield for the last quarter at a staggering 155%.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaJapan

Topics: Metaplanet share price Metaplanet 24/7 Cryptocurrency News Metaplanet Bitcoin Microstrategy MSTR

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 06:09:15 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23566451

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 11 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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