Metaplanet, Asia’s largest publicly traded holder of bitcoin, is currently deep in the red, with its average acquisition cost per bitcoin at roughly $107,000.
Metaplanet commits to bitcoin accumulation even as shares decline
Metaplanet, Asia's largest publicly traded holder of bitcoin, is currently deep in the red, with its average acquisition cost per bitcoin at roughly $107,000.
Shares:
The purchase announcement did little to the stock, which tumbled 70% on a late Thursday filing that allowed investors to sell shares.
The company announced its Bitcoin treasury strategy Tuesday morning.
Tim Kotzman and Ed Juline are using social media, AI and new event formats to close the information gap in bitcoin treasury strategy.
The Chicago Board Options Exchange (Cboe) has officially asked the SEC to let asset managers VanEck and 21Shares bring a Solana-based exchange-traded fund (ETF) to the market.