Breaking: Metaplanet Buys $451M in Bitcoin, Stock Price Tanks
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Metaplanet has purchased a significant amount of bitcoin, valued at $451 million. The company's stock price has subsequently declined. The bitcoin market has also experienced a downturn, with some reports indicating a 50% crash in bitcoin's value, although not all companies that hold bitcoin have sold their holdings.