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Metaplanet's Shares Surge 5% Following $92.5 Million Bitcoin Acquisition, Now Holds 17,132 Bitcoin Units

Metaplanet boosts Bitcoin holdings to 17,132 units, purchasing an additional 780 coins and witnessing a 5% surge in its shares on Monday.

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Metaplanet's share price climbed by 5% following a $92.5 million Bitcoin investment, bringing their...
Metaplanet's share price climbed by 5% following a $92.5 million Bitcoin investment, bringing their total Bitcoin holdings to 17,132 units.

Metaplanet's Shares Surge 5% Following $92.5 Million Bitcoin Acquisition, Now Holds 17,132 Bitcoin Units

Headline 1: Metaplanet's Bitcoin Reserves Reach $2 Billion, Stock Remains Strong

Ethena Labs' subsidiary, Metaplanet, is nearing the activation of a fee switch with the USDe milestones, as the company's total market value of Bitcoins (BTC) reserves has reached nearly $2 billion. This significant growth comes after Metaplanet's acquisition of 780 additional bitcoins for $92.5 million, bringing its total BTC holdings to 17,132. The average price of the latest bitcoin purchase was approximately $118,622 per coin.

Metaplanet, which trades on both the Tokyo Stock Exchange and OTCQX as MTPLF, uses the BTC Yield to measure shareholder value against equity dilution under its bitcoin acquisition plan. Despite a 16.3% monthly decline, Metaplanet's stock is still up 258.3% year-to-date, indicating a resilient performance.

Interestingly, the stocks of Metaplanet showed a very low or almost negligible positive correlation with the Nikkei 225 index during the reported period. This suggests a weak linkage between Metaplanet’s stock performance and the Nikkei 225 index movements, with correlation coefficients of approximately 0.29 over 1 week and 1 month, and a very low correlation over 30 and 250 days (around 1.65 and 1.76).

Headline 2: Market Updates

  • California Governor satirizes Trump with a meme coin proposal.
  • OKX is set to launch an OKB/USDT perpetual contract.
  • The BTC Yield for July 1 to July 28 was reported at 22.5%.
  • The SEC and CFTC have approved spot crypto trading on registered exchanges.
  • Ethereum Layer 2 Starknet has resumed operations after a network outage.
  • A record 92 cryptocurrency ETF filings have been made in the U.S., with the industry eagerly awaiting the SEC's decision.
  • Gemini has announced the launch of its IPO with 16.67 million shares at Nasdaq.
  • Wormhole has countered LayerZero's $110M Stargate bid.
  • China Financial Leasing Group has expanded into crypto ETFs.
  • Pump.fun leads Solana Launchpads with 70.2% market dominance.
  • Ethereum's Layer 2, Starknet, has resumed operations after a network outage.
  • A record 92 cryptocurrency ETF filings have been made in the U.S., with the industry eagerly awaiting the SEC's decision.
  • Gemini has announced the launch of its IPO with 16.67 million shares at Nasdaq.
  • Wormhole has countered LayerZero's $110M Stargate bid.
  • China Financial Leasing Group has expanded into crypto ETFs.
  • Pump.fun leads Solana Launchpads with 70.2% market dominance.
  • In the second quarter of 2025, Metaplanet's bitcoin-centric operations brought in revenue of 1.1 billion yen.
  • China Financial Leasing Group has expanded into crypto ETFs.
  • Pump.fun leads Solana Launchpads with 70.2% market dominance.

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