June 16, 2024

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Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts

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Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading HaltsTrading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% […]