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The Bitcoin purchase announcement bolstered investor confidence and market performance
Metaplanet shares surged 12% to 96 yen ($0.60), continuing an uptrend of over 500% this year. The company's board approved a Bitcoin purchase for long-term holding, funded by ordinary bonds issued to EVO FUND. This move aligns Metaplanet with other major corporate Bitcoin holders.
June 25, 2024 01:00 AM