Metaplanet Soars Intraday, Boosted by Positive News of Bitcoin Purchase

Source
Uk Jin

Summary

  • Metaplanet surged 22.60% intraday on news of additional Bitcoin purchase.
  • Metaplanet is reportedly trading at 1,850 yen on the Tokyo Stock Exchange.
  • The fact that Metaplanet increased its Bitcoin holdings to 10,000 is analyzed to have influenced investor sentiment.
Photo=Yahoo Finance Capture
Photo=Yahoo Finance Capture

Metaplanet is showing a sharp intraday surge.

According to the Tokyo Stock Exchange on the 16th (local time), Metaplanet is trading at 1,850 yen, up 22.60% compared to the previous trading day.

It is analyzed that investor sentiment has been strengthened by the news on this day that Metaplanet made an additional purchase of Bitcoin (BTC).

Earlier, Simon Gerovich, CEO of Metaplanet, announced via X (formerly Twitter) around 12 p.m. on the same day that "we have purchased 1,112 Bitcoins, increasing our Bitcoin holdings to 10,000."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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