Metaplanet Shares Surge Amid Crypto Rally, Boosted by Bitcoin Treasury
Shares of Metaplanet experienced a significant surge, climbing 10.7% by midday Tuesday in Japan. This increase mirrors a wider rally observed in the cryptocurrency market. According to reports, Bitcoin is currently trading at $93,835, contributing to the positive momentum for companies holding Bitcoin in their treasury. The stock's performance is closely tied to the movements in the crypto market, particularly the price of Bitcoin.
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