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  • 02:18
    IP surges past 11.7 USDT, with a 24-hour increase of over 40%
    On September 10, according to MGBX perpetual contract market data, IP surged past 11.7 USDT and is now quoted at 10.3 USDT, with a 24-hour increase of over 40%. The circulating market capitalization exceeds 3.1 billions USD.
  • 02:18
    Ledn has removed cryptocurrencies from all its products and services, retaining only Bitcoin.
    According to Jinse Finance, as disclosed by @pete_rizzo_, the digital asset lending platform Ledn has removed cryptocurrency services from all its product offerings, retaining only Bitcoin.
  • 01:43
    Metaplanet to issue an additional 385 million shares internationally to increase its bitcoin holdings
    BlockBeats News, September 10, Metaplanet announced that it has raised approximately 204.1 billion yen (about 1.366 billion USD) through an international new share issuance, with an issue price of 614 yen per share and a discount rate of 9.93%. This issuance will add 385 million new shares, bringing the total share capital to approximately 1.141 billion shares after the issuance. The raised funds will mainly be used for: Purchasing bitcoin: approximately 183.7 billion yen. Since 2024, Metaplanet has adopted bitcoin as its primary reserve asset to hedge against yen depreciation and inflation risks, as well as to enhance long-term corporate value. As of September 1, the company held 20,000 BTC, with a market value of about 3.22 trillion yen. Bitcoin-related yield business: approximately 20.4 billion yen, to expand the yield business obtained through bitcoin options trading. In the second quarter of fiscal year 2025, the company has already achieved related revenue of 109.4 billion yen.Metaplanet stated that it will continue to advance its strategic bitcoin allocation, use capital fundraising to increase BTC holdings, and strengthen the company's long-term competitiveness.
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