logo
welcome
CoinGape

CoinGape

Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition

CoinGape
Summary
Nutrition label

71% Informative

Metaplanet stock price has surged 102% over the past month , outperforming Bitcoin 's 36% gain.

The Japanese firm raised $62 million by issuing the Moving Strike Stock Acquisition Rights , in order to purchase additional Bitcoins .

Metaplanet has been added to the Amplify Transformational Data Sharing ETF (BLOK) with 4.4% stake.

Bitcoin price resumes rally to $ 100 K on Thanksgiving with traders turning bullish before Friday expiry.