Metaplanet Stock Soars 9% Amid Rising Revenue With This Latest Bitcoin Strategy
Metaplanet Inc. stock price noted a surge of nearly 9% as the investors appear to have lauded the company’s recent move in the Bitcoin market. Notably, the Japanese publicly listed firm reported increased revenue from its Bitcoin put options strategy, which aims to boost long-term holdings. By rolling up its Bitcoin put options to a higher strike price, the firm has positioned itself to benefit from future price movements while strengthening its financial outlook.
Metaplanet Stock Soars As Bitcoin Strategy Boosts Yield
The recent surge in Metaplanet stock price came after its announced to roll up its Bitcoin put options. The investors appear to have celebrated the development….
