Metaplanet, Japan’s MicroStrategy, announced another fresh purchase of 1,004 BTC for an investment value of $104 million. The company’s stock price, listed on Tokyo Stock Exchange, shot up by 15% to 712 JPY, extending its monthly gains to more than 100%. Furthermore, the stock rally came as the company announced a record Q1 revenue of 877 million Japanese yen ($6 million). Metaplanet Stock Grabs Limelight With Bitcoin Strategy A day after announcing its Q1 results and a stellar $6 million revenue, Metaplanet stock is roaring at the Tokyo Stock Exchange today. The Japanese firm announced that these record-breaking earnings come on the backdrop of a strong Bitcoin strategy. Today’s Bitcoin purchase comes as BTC price eyes a weekly closing above $105,000 to continue with the rally further. Since January 1, 2025, the firm has increased its Bitcoin holdings by 4.4x, adding 6,038 BTC to reach a total of 7,800 BTC…. Read More at Coingape.com
The post Metaplanet Stock Jumps 15% On Fresh 1,004 BTC Purchase appeared first on CoinGape.
