$92,727.00
-0.86%$1,773.32
-1.53%$2.19
-1.79%$603.95
-2.29%$148.42
-1.79%$0.999996
0.01%$0.174137
-4.53%$0.685764
-1.28%$0.243738
-1.71%$1,768.31
-1.68%$92,719.00
-0.85%$3.03
5.07%$14.52
-0.25%$22.03
-2.76%$9.22
1.77%$0.263681
-1.62%$3.13
-0.08%$0.00001323
-4.07%$0.180151
-1.82%$2,126.78
-1.88%$0.999995
0.02%$358.64
-0.72%$82.56
-2.11%$4.01
-1.73%$18.23
-4.41%$4.48
-4.18%$0.99873
-0.25%$1,771.56
-1.97%$0.9996
0.02%$0.652717
-0.03%$225.62
-0.84%$28.56
0.38%$1,887.96
-1.90%$92,822.00
-0.82%$0.00000859
-5.70%$5.84
-2.08%$5.30
-0.50%$51.30
-2.47%$343.34
2.36%$2.42
-2.22%$23.19
-3.91%$0.885014
-5.99%$5.08
-2.51%$32.24
-1.78%$1.049
0.04%$1.00
0.00%$16.48
-2.51%$0.095706
-1.31%$164.72
0.69%$0.090148
-3.13%$12.43
31.92%$0.69444
-1.78%$4.35
-4.83%$0.0255508
-2.14%$1.17
-0.00%$4.36
-0.12%$92,862.00
-0.45%$0.21962
-0.85%$0.332144
-2.48%$4.23
-0.02%$0.211661
-1.86%$2.72
-0.56%$2.78
-1.68%$0.619505
-2.56%$0.506553
-2.99%$0.334054
0.99%$0.99938
-0.34%$4.09
-0.82%$92,722.00
-0.81%$10.38
0.50%$0.757628
-0.22%$0.4372
-2.87%$1,472.82
-1.56%$155.21
-1.78%$0.074628
-3.44%$0.751644
-6.07%$0.867028
0.02%$0.0000142
-10.29%$1.085
1.84%$1,771.63
-1.73%$1.066
-8.73%$0.573763
-12.42%$71.47
1.05%$0.01649698
-1.53%$1,844.83
-1.56%$3.75
0.30%$0.649196
-3.81%$0.190905
-2.29%$1.00
0.03%$9.36
-0.59%$603.02
-2.49%$0.6617
-3.45%$0.99988
-0.04%$1,996.73
-1.49%$0.089043
-2.55%$0.999135
-0.15%$3,347.29
-0.01%$1.00
-0.01%$91,254.00
-1.87%$3,350.71
0.10%$13.63
-13.45%$0.0160563
-2.28%$163.08
-2.16%$190.82
-1.84%$0.01683026
-1.48%$92,698.00
-0.87%$2.52
-6.55%$0.808309
-0.54%$0.191897
-0.21%$1,885.79
-1.49%$0.285426
-3.99%$0.02079625
8.47%$0.672742
-2.51%$0.114805
-3.33%$0.997889
-0.02%$0.667156
-0.05%$0.00006877
1.10%$0.525787
3.97%$3.56
-8.88%$0.00000064
0.69%$93,413.00
-0.33%$0.999221
0.01%$1.98
-4.31%$0.388317
-2.42%$30.56
-1.47%$1.091
-2.08%$0.306572
-1.64%$0.232499
-4.13%$1,852.23
-1.94%$16.83
-1.13%$1.74
-7.82%$0.533203
-2.16%$0.149566
-4.45%$0.00577885
-8.21%$33.00
-0.21%$0.527661
-4.17%$3.18
-10.34%$0.528969
-4.41%$0.050534
11.78%$0.99866
-0.03%$0.634132
-1.41%$90,432.00
-0.24%$94,807.00
-0.24%$0.067161
-0.23%$0.00843686
-4.46%$2.27
6.91%$0.437959
-1.82%$0.508492
-9.16%$0.99998
0.02%$92,886.00
-0.72%$0.999993
0.02%$1.67
-2.41%$1.30
-2.05%$0.693833
-11.78%$1,849.49
-0.22%$0.173531
-4.94%$0.15176
2.12%$0.00002163
-2.23%$15.17
-2.40%$110.80
0.01%$6.03
1.17%$92,846.00
-0.58%$0.00000042
-1.69%$1,771.03
-1.72%$6.30
-1.85%$0.509637
4.94%$0.510568
0.63%$0.163096
-17.31%$1.084
0.03%$1.001
-1.36%$0.00641955
-8.03%$0.077816
0.02%$2.46
-2.22%$0.04055111
-0.47%$1,773.88
-1.42%$1,771.82
-1.45%$1,883.18
-1.69%$3.49
-7.99%$0.32561
-3.38%$42.34
-2.40%$0.219734
-1.86%$1.00
-0.00%$0.079727
-4.00%$1,773.32
-1.48%$0.00688878
-4.12%$0.180054
3.59%$0.999139
-0.01%$21.74
-0.28%$1.002
0.17%$0.00006389
0.25%$0.00405877
-2.30%$0.551534
-4.79%$0.817384
-3.13%$0.0171594
-1.68%$0.332145
-4.99%$0.999164
-0.21%$0.715762
12.07%$1,813.12
-1.21%$0.999796
-0.03%$0.118897
-4.18%$0.03148718
-1.19%$0.00000151
2.91%$0.324132
-1.27%$0.302367
6.80%$2.71
-0.23%$92,686.00
-0.75%$26.95
3.54%$1.00
0.06%$1.18
-0.20%$0.00421476
4.49%$111.97
-2.79%$0.235735
-1.54%$0.139469
-1.55%$0.688241
3.23%$0.632534
-3.20%$92,995.00
0.46%$1,752.03
-1.91%$0.280875
2.18%$1.001
0.14%$3.46
-6.48%$2.86
2.53%$3,188.12
0.03%$21.87
-2.74%$1,872.38
-1.84%$1.089
3.72%$1,773.52
-1.47%$0.185675
-1.79%$0.03697091
-0.46%$0.510507
-0.82%$0.110111
-2.81%$1,862.32
-0.86%$0.24935
5.94%$15.15
-0.66%$0.01252256
-1.61%$21.96
-3.06%$0.722638
-1.21%$0.02889548
-2.17%$0.929954
-3.42%$0.428408
-4.35%$1.00
-0.05%$1.00
0.08%$1,942.52
-1.69%$1,927.64
-1.92%$92,825.00
-0.42%$2.21
-1.25%$18.27
-4.12%$0.00261301
-8.21%$0.00
-3.29%Reading
A little-known Japanese investment firm that made headlines for its Bitcoin buys just snapped up more of the biggest cryptocurrency.
Metaplanet, which trades on the Tokyo Stock Exchange, announced Monday that it had bought 619.7 Bitcoin for a total of 9.5 billion yen ($60.5 million)—its largest single purchase of the orange coin.
Only last week, Metaplanet said it would accelerate its Bitcoin buys by issuing debt. As of Monday, it owned 1,761.98 Bitcoin. That’s over $164 million in the biggest digital asset at today’s prices.
*Metaplanet purchases additional 619.70 BTC* pic.twitter.com/5npflMJ3kW
— Metaplanet Inc. (@Metaplanet_JP) December 23, 2024
The company is copying the model established by American software firm MicroStrategy, which in 2020 started buying Bitcoin as a strategy to get shareholders the best value for money. It now holds 444,262 BTC—valued above $41 billion—following its latest buy.
MicroStrategy works to securitize Bitcoin, buying the asset and allowing investors to get exposure to it via its Nasdaq-listed shares.
But in Japan, not everyone with exposure to Metaplanet might be happy with the firm copying MicroStrategy: The company’s stock dipped hard last week on news that the firm would become a “Bitcoin treasury” with a “responsibility as a pioneer in the country’s Bitcoin ecosystem.”
Bitcoin is currently trading for $92,625 per coin, a more than 3% drop over 24 hours and a 13% fall over a seven-day period, CoinGecko data shows.
Edited by Andrew Hayward
Investment banking firm Benchmark rated Coinbase a buy, penciling in a price target of $252 while initiating coverage of the crypto exchange in a Wednesday note that highlighted how “game-changing” legislation has buoyed the crypto industry. Coinbase was trading at $198, up more than 4%, early afternoon Wednesday, according to Yahoo Finance. Year-to-date, shares have slid 20%. Benchmark analysts believe that Coinbase is well positioned to benefit from a stablecoin bill that would provide a path...
In a team-up of crypto and TradFi giants, Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group announced Wednesday that they will team up to launch Twenty One, a publicly traded, Bitcoin-centric company that plans to launch with a treasury of more than 42,000 BTC—or about $3.9 billion worth. Tether and Bitfinex will be majority owners, with a minority stake owned by investment holding firm SoftBank. Twenty One will be launched through a planned SPAC merger with Cantor Equity Partners, which t...
Richard Heart says he has "defeated the SEC completely" after the U.S. regulator abandoned its fraud lawsuit against him. The crypto entrepreneur—who founded HEX, PulseChain and PulseX—had been accused of selling unregistered securities and misleading investors. US Court Dismisses SEC Case Against Richard Heart, Hex A federal judge dismissed the case in February after concluding that the SEC had failed to prove Heart's statements specifically targeted American consumers. The regulator was given...
