Bitcoin Boosts Metaplanet Stock 15 Percent

Metaplanet’s Stock Surges 15% Following New Bitcoin Acquisition

• Metaplanet purchased 1,004 BTC for $104 million.
• The company’s stock price increased by 15% to 712 JPY on the Tokyo Stock Exchange.
• Metaplanet reported a record Q1 revenue of 877 million JPY ($6 million).
• The firm has increased its Bitcoin holdings by 4.4 times since January, reaching a total of 7,800 BTC.
• Metaplanet is now the 11th largest Bitcoin holder, surpassing El Salvador.

Following the acquisition of an additional 1,004 BTC valued at $104 million, Metaplanet’s stock rose by 15%, marking significant growth in their Bitcoin strategy and placing them as the world’s 11th largest Bitcoin holder.