Japanese investment firm Metaplanet has expanded its Bitcoin holdings with a $44 million purchase, a move that has propelled its stock price up by 19% today. CEO Simon Gerovich announced in a March 5 post on X that the firm acquired 497 BTC at an average price of $88,448 per ...
Metaplanet has strengthened its holdings by purchasing 156 Bitcoin on March 3. This latest acquisition, valued at approximately $13.4 million for $85,890 per coin, brings the company’s total Bitcoin reserves to 2,391 BTC. Under the leadership of Simon Gerovich, the Bitcoin-stacking investment firm has now invested $196.3 million in Bitcoin ...
Crypto wallet service provider MetaMask will soon undergo a major overhaul of its interface and introduce a host of new features, including native support for Solana and Bitcoin. The update, expected to roll out soon, expanding MetaMask’s functionality beyond Ethereum and EVM-compatible blockchains. This marks a significant shift for the ...
MARA Holdings reported a net income of $528.3 million for Q4 2024, a 248% increase from the previous year. Adjusted EBITDA rose by 207% to $794.4 million, establishing a new industry benchmark, according to its February 27 shareholder letter. Despite the April 2024 Bitcoin halving, which cut block rewards in ...
Tokyo-listed Metaplanet is set to issue 2 billion JPY (approximately 13.6 million USD) in bonds to EVO FUND, with the proceeds dedicated to expanding its Bitcoin holdings. This move aligns with the company’s ongoing strategy to strengthen its position in digital assets. It follows its recent acquisition of 135 BTC, ...
Japanese investment firm Metaplanet has unveiled two new performance metrics designed to provide greater transparency into its Bitcoin treasury operations, according to a company announcement released today, February 26, 2025. The new key performance indicators (KPIs) - "BTC Gain" and "BTC ¥ Gain" - will supplement the existing "BTC Yield" ...
Pierre Rochard, Vice President of Research at Riot Platforms, has drawn attention to the fundamental differences between Bitcoin and Ethereum’s transaction models, emphasizing Bitcoin’s transparency and simplicity in contrast to Ethereum’s more intricate account-based system. In a recent tweet, Rochard explained that Bitcoin’s Unspent Transaction Output (UTXO) model allows users ...
A second Bitcoin reserve bill has been introduced in Georgia, allowing the state treasurer unrestricted authority to invest in Bitcoin. This follows the submission of a previous bill just 10 days earlier, indicating increased interest in cryptocurrency within the state. If Senate Bill 228 is passed, it will eliminate investment ...
HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just one week after its stock price doubled following its initial Bitcoin purchase. In recent announcement, the Hong Kong-based investment firm stated that its board had approved expanding its Bitcoin investment, reaffirming its commitment to the asset. ...
Alexander Leishman, CEO of River, a Bitcoin-based financial services provider, has weighed in on the growing debate surrounding quantum computing's potential threat to Bitcoin. While he remains sceptical of any immediate risk, Leishman argues that Bitcoin is uniquely vulnerable compared to traditional banking systems. Pushing back against claims that quantum ...
