22 And Counting: Japanese Firm Buys More Bitcoin, Shows No Signs of Stopping
Metaplanet Inc., a publicly traded company based in Tokyo, has made news again with its latest Bitcoin buy. Today, the company revealed that it had bought an extra 21.88 BTC for 200 million yen, which is about $1.26 million at the moment. Related Reading: Bitcoin Mining Profitability At Historic Lows, Data Show Bitcoin Adoption And […]
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Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon Co. Ltd. announced Wednesday that it has purchased 1,717 bitcoins for approximately $100 million (¥11.1 billion) at an average price of approximately $58,226 per bitcoin, inclusive of fees and expenses. The Tokyo stock exchange-listed company noted: This purchase represents less than 2% of....
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific region, according to the announcement.
Fintech Firm Kyash Gets a Capital Raise Boost From the Block
According to a report by Nikkei, the financial technology (fintech) company Kyash has raised $41.2 million in a Series D financing round. Kyash was founded in 2015 and is a fintech platform....
Bitcoin fell after President Trump alleged "fraud” in the presidential election and pledged to stop vote counting.
Japanese bitcoin exchange bitFlyer has opened access to the BTC/Japanese yen trading pair for U.S. users, improving Japanese market access.
The investment firm purchased 17,100 BTC in the last week. Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week.According to data from information platform Bybt, Grayscale added 17,100 Bitcoin (BTC) to the firm’s Bitcoin Trust in the last seven days. The company now has 449,900 total coins under management — worth roughly $4.9 billion with the crypto asset at $10,890, closing above $10,000 every day for the last 63 days.This effectively means Grayscale controls roughly 2.4% of total coin supply....