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Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition

source-logo  coingape.com 3 h

The Metaplanet stock surged 6.5% on Thursday’s trading session after the company announced a fundraise of $62 million by issuing the Moving Strike Stock Acquisition Rights, in order to purchase additional Bitcoins. With a 102% surge over the past month, the stock has given three times the returns of Bitcoin’s 36% gains.

coingape.com