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Metaplanet spent over $45M to lose $1B investing in bitcoin

Summary by BITRSS

Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion. The post Metaplanet spent over $45M to lose $1B investing in bitcoin appeared first on Protos.

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4 Articles

Bitnewsbot

Metaplanet's $1B BTC Loss Sparks $45M Treasury Cost

Metaplanet has paid over $45 million to operate a bitcoin treasury that now holds a $1 billion unrealized loss, according to its fiscal reports. The Japanese

2 hours ago

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DiarioBitcoin

Metaplanet Accumulates Unrealized Loss of USD 1 Billion in Bitcoin

Metaplanet turned its corporate bet on bitcoin into a high-cost operation: it purchased BTC at an average price far above that of Strategy and accumulates an unrealized loss close to $1 billion, while increasing its interest, debt and pressure on shareholders.

3 hours ago

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