Bitcoin Surge Boosts Metaplanet Stock 8%

Metaplanet Stock Rises 8% Following Bitcoin Purchase Announcement

• Metaplanet purchased 162 bitcoins for $13.5 million, averaging $83,123 per Bitcoin.
• The company’s stock price increased by 8%, surpassing 3,500 JPY.
• Metaplanet issued bonds worth 2 billion JPY to fund further Bitcoin acquisitions.
• The company holds a total of 3,050 BTC at a cumulative cost of $253.7 million.

On Wednesday, Metaplanet announced the acquisition of 162 bitcoins for approximately $13.5 million, leading to an 8% rise in its stock price. The company also issued bonds valued at 2 billion JPY to support additional Bitcoin purchases.