šÆšµ LATEST: Metaplanet has overtaken Tesla ā now ranks #7 globally in corporate #Bitcoin holdings.
Their latest buy? 1,234 $BTC for ~$132.7M at ~$107,557 per BTC.
Now holding 12,345 $BTC (~$1.2B) with a 315% YTD BTC yield ā Japanās MicroStrategy isnāt slowing down! š§


šØ BIG: Metaplanet just raised ~$517M in equity capital on Day 1 of its ā$555M Planā ā issuing 54M shares and wiping out $281M in debt.
With ~$1.18B in #Bitcoin and near-zero liabilities, its $BTC coverage ratio just skyrocketed from 4x to nearly 98x. š§š
Japanās MicroStrategy isnāt slowing down!
Source: Dylan LeClair

12.65K
130
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.