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via Decrypt · By Decrypt Editorial

Bitcoin Firm Metaplanet Posts $725 Million Loss, Delays Preferred Share Offerings

BTC

BTC/USDT

$64,906.59
+1.38%
24h Volume

$11,301,183,535.43

24h H/L

$65,176.60 / $63,603.92

Change: $1,572.68 (2.47%)

Long/Short
57.2%
Long: 57.2%Short: 42.8%
Funding Rate

+0.0058%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,931.99

1.48%

Volume (24h): -

Resistance Levels
Resistance 3$66,956.15
Resistance 2$66,010.93
Resistance 1$64,939.36
Price$64,931.99
Support 1$64,329.65
Support 2$63,224.57
Support 3$61,468.10
Pivot (PP):$63,998.81
Trend:Sideways
RSI (14):53.2
DE
Decrypt Editorial
(05:33 PM UTC)
1 min read
JM
Verified byJames Mitchell

In brief

  • Metaplanet reported a first-quarter loss of $725 million, a sharp widening compared to $31 million last year
  • The company reported a jump in revenue derived from selling Bitcoin options contracts at $15.8 million.
  • The Tokyo-based company highlighted an expansion in its investor base, reaching 250,000 total shareholders during the period.

Metaplanet reported a first-quarter loss of $725…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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