Microstrategy in Asia, Metaplanet has seen an unprecedented increase in its share price and increased by an additional 13 % to the highest level ever from 6,650 JP. With the 36 % weekly and monthly gains of 81 %, Michael Sailor was out of praise for the company to implement a bitcoin religious strategy.
Michael Sailor supports metaplanet
The CEO of Microstrategy Michael Celor praised the last Metaplanet shares that witnessed a rewarding gathering of less than 1000 yen in October 2024 to more than 6,650 yen. During the same month, the stock price was 81 % amazing, while its revenue for one year by 4000 %. In a message on the X platform, Michael Sailor asked his followers to verify developments in the Japanese company.
Maybe you should follow metaplanet_jp. pic.twitter.com/hgdz7tt0rr
Michael Saylor (Saylor) February 12, 2025
Metaplanet has stormed the Japanese stock market and Nikkei in the past few months. Metaplanet shares ended today 13 % higher, and as it is more than the nineteenth rank in Japan, where she introduced Michael Sailor’s eye. Bitcoin’s strategic strategic company told the company that the company recorded a trading volume of 42.6 billion yen (about 277 million dollars), which confirms its increasing impact on Japanese financial markets.
Moreover, the CEO of the company, Simon Girovic, dug at JPMorgan to shorten the shapline of Metaplanet. After this huge gathering, Jerovic wrote:
“My heartfelt condolences to Morgan Stanley to occupy her short position in Metlanite. However, it seems that he still has a short position of more than one million shares.”
Plan of purchase of four billion yen Bitcoin
Michael Celor’s comment comes after Metaplanet announced the release of the sixth -guaranteed corporate bond, as it raised 4 billion in the interest rate of 0 % earlier this week. It reflects the bonds, issued without guarantees or guarantees, the strong credit file for the company and financial stability.
This funding allows Metaplanet immediately get Bitcoin, transcending the waiting period related to the practice of stock acquiring rights, thus accelerating the Bitcoin Treasury strategy. In a statement, the company confirmed its commitment to benefit from the capital markets to enhance its treasury and provide more value to the shareholders. Two weeks later, Metaplanet also announced plans to buy 21,000 Bitcoins in total by the end of 2026.
Michael Saylor Microstrategy continues to accumulate BTC
Michael Saylor Microstrategy also continued with Bitcoin purchases. Earlier on Monday, Microstrategy announced the purchase of 7,633 BTC for an investment value of 742 million dollars, as it received the total bitcoin holdings to 478,740 BTC.
As of the time of the press, the Bitcoin price is traded by 2 % at 96,226 dollars with the maximum of the market of $ 1.90 trillion. The daily trading volume increased by 8.7 % to 37 billion dollars, as the qualifiers increased over 24 hours to 43 million dollars, which exceeded 37 million dollars.
This recent decline has sparked speculation despite the direction of BTC accumulation by institutions. However, it appears that the ongoing fears of macroeconomics and inflation data in the United States coming from CPI forced investors to stay on the margin.
Bushan Akolkar
Bhushan is enthusiastic about technology with a severe understanding of the financial markets. His interest in economics and financing has focused on emerging technology and encrypted technology markets. He is committed to continuous learning and remains eager to share the knowledge he acquires. In his spare time, Booshan enjoys reading excitement novels and sometimes exploring his cooking skills.
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