Derived from DL News, Japanese digital asset treasury (DAT) stocks surged after Metaplanet announced a $130 million loan to buy more Bitcoin. The company’s shares rose about 7%, outperforming the Nikkei 225, which gained just over 1%. Other DATs, including Remixpoint, SBC Medical Group Holdings, Gumi, and Agile Media Network, also saw share price increases. Metaplanet’s loan is the second of its kind, with a floating interest rate and daily renewal. The move comes as Japanese firms increasingly adopt crypto, with major asset managers signaling interest in launching crypto funds.
Japanese Bitcoin Treasury Stocks Surge After Metaplanet Raises $130M Loan
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