Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin
In brief
Metaplanet disclosed a full-year loss of $605 million.
The company has paid $107,000 per Bitcoin on average for its $2.4 billion stash.
It forecast an uptick in revenue from writing options.
Metaplanet became the latest Bitcoin-buying firm to acknowledge that its business came u
BTC2,13%
Decrypt·02-16 17:35

