Published 2 hours ago • loading... • Updated 50 minutes ago
Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC
The Japanese firm sold 10,000 BTC before buying 11,000 BTC, demonstrating liquidity as it seeks recurring income from preferred securities.
9 Articles
9 Articles
Metaplanet Sells 10,000 Bitcoin, Buys 11,000 Back to Prove Liquidity
Metaplanet sold 10,000 BTC and subsequently bought 11,000 BTC during the third quarter, using the unusual round trip to demonstrate that its bitcoin treasury can be converted into cash when needed. Metaplanet Ends Q3 With 44,000 BTC After Liquidity Test Metaplanet has answered a question hanging over corporate bitcoin treasuries: what happens when creditors want […]
Metaplanet, which according to BitcoinTreasuries owns 43,000 BTC, will allow for up to 15% of its assets to be allocated to acquisitions, investments and a new income strategy.The change comes as the company seeks new ways to finance its expansion and maintains a strong exposure to Bitcoin.
Coverage Details
Total News Sources9
Leaning Left0Leaning Right0Center1Last Updated100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium










