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via Decrypt · By Decrypt Editorial

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

BTC

BTC/USDT

$84,715.99
+1.59%
24h Volume

$19,017,530,740.56

24h H/L

$84,942.45 / $83,346.66

Change: $1,595.79 (1.91%)

Long/Short
56.8%
Long: 56.8%Short: 43.2%
Funding Rate

+0.0020%

Longs pay

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Bitcoin
Bitcoin
Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels
Resistance 3$99,648.20
Resistance 2$94,549.91
Resistance 1$85,369.74
Price$84,644.26
Support 1$84,364.01
Support 2$81,859.10
Support 3$77,001.87
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):66.0
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…

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