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Metaplanet’s US Bitcoin treasury bet could unlock up to $3.4 billion, but there’s a catch

Metaplanet’s US Bitcoin treasury bet could unlock up to $3.4 billion, but there’s a catchWorldPing

The proposed deal hands Metaplanet 95.7% at closing, while later capital depends on unexercised warrants and an optional preferred right.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Treasury Doubles Long-End Buybacks as Bitcoin and US Stocks AdvanceWorldPing
Bitcoin.com

Treasury Doubles Long-End Buybacks as Bitcoin and US Stocks Advance

The U.S. Treasury will at least double the maximum size of its buybacks for older long-term bonds to $4 billion per operation, a move that helped push yields lower and supported U.S. stocks, bitcoin and gold on Wednesday morning.

Brief by WorldPing · Original reporting by Bitcoin.com