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

BTC

BTC/USDT

$62,787.64

-1.30%

$62,787.64

-1.30%

(24s)

24h Volume

$17,981,162,145.06

24h H/L

$63,676.92 / $61,938.00

Change: $1,738.92 (2.81%)

Long/Short

67.2%

Long: 67.2%Short: 32.9%

Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,710.01

▼ -0.04%

Volume (24h): -

Resistance Levels

Resistance 3$65,584.14

Resistance 2$64,241.09

Resistance 1$62,779.55

Price$62,710.01

Support 1$61,792.70

Support 2$60,548.28

Support 3$59,130.91

Pivot (PP):$62,763.78

Trend:Downtrend

RSI (14):37.3

Decrypt Editorial

(05:33 PM UTC)

1 min read

Verified byJames Mitchell

620 views

0 comments

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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