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

BTC

BTC/USDT

$75,492.01

+8.02%

$75,492.01

+8.02%

(24s)

24h Volume

$40,439,650,135.92

24h H/L

$75,785.82 / $69,506.91

Change: $6,278.91 (9.03%)

Long/Short

51.0%

Long: 51.0%Short: 49.0%

Funding Rate

+0.0051%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$75,352.59

▲ 3.18%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$75,352.59

Support 1$73,884.38

Support 2$72,752.83

Support 3$70,151.58

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):83.3

Decrypt Editorial

(05:33 PM UTC)

1 min read

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…