🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
Metaplanet buys an additional 5.419 BTC, Benchmark still maintains the recommendation of "Buy"
Benchmark Equity Research maintains a "Buy" recommendation for Metaplanet, despite the stock falling 40% in the past month. The analysts set a target price of 2,400 yen by the end of 2026, compared to the current 542 yen.
Metaplanet has just announced its largest acquisition with 5,419 BTC worth 632.5 million USD, bringing its total holdings to 25,555 BTC, making it the fifth largest publicly listed company holding Bitcoin in the world.
Despite the short-selling waves, Benchmark believes that Metaplanet's "bitcoin treasury" strategy remains solid, emphasizing the ability to generate recurring income from derivative strategies. The company has also just established Metaplanet Income Corp. in Miami with an initial capital of 15 million USD to develop Bitcoin-related financial products.
📌 Metaplanet was the best-performing stock in Japan last year and is currently up 56% since the beginning of 2025.