Metaplanet Inc., a Tokyo-listed firm recognized for its aggressive investments in Bitcoin (BTC), announced on Friday that it has acquired an additional 108.999 Bitcoin for ¥1 billion (approximately US$6.5 million).
Read MoreMetaplanet Inc., a Tokyo-listed firm recognized for its aggressive investments in Bitcoin (BTC), announced on Friday that it has acquired an additional 108.999 Bitcoin for ¥1 billion (approximately US$6.5 million).
Read MoreEther (ETH) has shown resilience, rising 2.5% in the past 24 hours to trade at approximately $2,434. A significant factor in this upward movement is the cryptocurrency's robust support at the 200-week simple moving average (SMA), currently positioned at $2,298.
Read MoreJapanese firm Metaplanet is making a bold move amidst the weakening yen by investing one billion Japanese yen (approximately $6.5 million USD) into Bitcoin.
Read MoreWith all the signs of central bank intervention, the sinking yen (JPY) abruptly changed course and spiked versus the dollar on Monday, causing Bitcoin (BTC) to trade at a modest premium on Japanese markets.
Read MoreFollowing the announcement of a subsequent decline in the Japanese Yen, which alarmed investors, SBI CEO Yoshitaka Kitao's earlier remarks regarding the potential of XRP gained traction once again.
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