Metaplanet Stock Price Soars Nearly 500% in 2024

Data shows the stock has risen nearly 500% since the beginning of this year, with most of the gains achieved after Metaplanet switched to BTC in April.

Previously, Golden Finance reported that the directors of Japanese listed company Metaplanet had approved a plan to purchase Bitcoin worth approximately $6.25 million (1 billion yen). The purchase will be funded through the issuance of the second round of ordinary bonds.