Metaplanet’s Bitcoin Strategy Turns It Into Japan’s Fastest-Rising Stock

Metaplanet has become Japan’s hottest stock, surging 3,600% after pivoting to Bitcoin. With 1,762 BTC and a bold 21,000 BTC target, it’s Asia’s top BTC play. Metaplanet Inc. has become Japan’s fastest-rising stock, surging more than 3,600% over the past 12 months as the country experiences a surge in Bitcoin (BTC) demand. Best performing Japanese […]

BlackRock boosts stake in Strategy stock to 5% amid Bitcoin push

BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission.  The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024. Following the disclosure, Strategy’s stock rose 2.8% in pre-market trading, reaching $331.90 per share. Strategy remains the […]

Microstrategy stock offering oversubscribed 3x as ‘Bitcoin Effect’ continues

MicroStrategy’s recently-announced perpetual convertible preferred stock offering has been oversubscribed by nearly 3 times the expected volume of 2.5 million shares. An automated alert sent out by Fidelity Investments on January 30, 2025 revealed that $STRK raised at least $584 million as against the expected $200 million, with a final offering size of 7.3 million […]

Norway boosts Bitcoin exposure via MicroStrategy stock

Norway’s central bank holds over $500 million in indirect Bitcoin exposure through investments in MicroStrategy and other cryptocurrency-focused companies. According to K33 Research, Norway’s indirect exposure to Bitcoin (BTC) has nearly tripled over the past 12 months due to increased allocations to crypto-related firms. Vetle Lunde, K33 head of research at K33, wrote that the […]

Nvidia’s stock crash won’t stop analysts: Bitcoin bullish

Despite a significant crash in the tech stock market, particularly affecting Nvidia, analysts remain optimistic about Bitcoin’s future. The tech industry is witnessing a seismic jolt with the launch of DeepSeek’s AI model, competing with OpenAI’s ChatGPT in a neck-with-neck fashion. The tech stock market has crashed, and ripples have been felt in the crypto […]