Japanese Bitcoin treasury stocks soar after Metaplanet raises $130m loan to buy crypto – DL News
- Metaplanet share prices up by almost 7% as company eyes more Bitcoin purchases.
- Rival Japanese Bitcoin treasury firms’ share prices up as high as 7% above Nikkei index.
- Metaplanet loan issuer asks for anonymity.
Metaplanet’s shares surged by about 7% on Thursday after the digital asset treasury firm revealed it has loaned $130 million to buy even more Bitcoin.
And the Japanese hotel operator-turned Bitcoin treasury firm isn’t alone: Other DAT shares also surged on the back of the news, even outpacing the Nikkei 225, an index of leading Tokyo Stock Exchange shares, which rose just over 1% on Thursday.
Remixpoint, an energy provider and former crypto exchange operator, has also seen its share prices rise by 8.7% in the past 24 hours….
