Metaplanet buys 5,075 Bitcoin in Q1 to become 3rd-largest treasury
Metaplanet lifted its Bitcoin holdings to 40,177 in Q1 after buying over $400 million of BTC to become the third-largest BTC treasury.
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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Metaplanet lifted its Bitcoin holdings to 40,177 in Q1 after buying over $400 million of BTC to become the third-largest BTC treasury.
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Plane maker Airbus on Thursday said it's having trouble sourcing enough engines as it outlined guidance that disappointed investors.
Metaplanet reported about $40 million in operating profit but still recorded a $619 million net loss amid the Bitcoin price drop.
The company recorded a non-cash bitcoin valuation loss of 102.2 billion yen ($650 million) due to the cryptocurrencyâEUR(TM)s price drop.