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Benzinga
Benzinga
Business
Parshwa Turakhiya

'Asia's MicroStrategy' Metaplanet Down 70% Since June, Company Value Falls Below $3.4B Bitcoin Reserves

Bitcoin Metaplanet
Metaplanet

Metaplanet Inc. (OTCQX:MTPLF) shares fell to $3.45 on Tuesday, extending a months-long slide that has erased 70% of the company's value and pushed its market capitalization below the worth of its Bitcoin reserves.

Market Discounts Metaplanet's Bitcoin Holdings

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