Metaplanet’s BTC Acquisition Causes Shares to Soar
Metaplanet, a company that provides infrastructure for Web3 applications, experienced a significant increase of 90% in its Tokyo-traded stock within two days. This surge occurred soon after the firm revealed it had bought approximately $6.56 million worth of Bitcoin (BTC). Initially, Metaplanet stated that this purchase aimed to minimize its reliance on the Japanese yen … Read more