Metaplanet Says No Plans To Halt Bitcoin Buys As Unrealized Losses Hit $680 Million Amid Sustained Market Slump

The crypto market’s sustained downturn since mid-October has had a major impact on Bitcoin-buying firms such as Tokyo-listed Metaplanet. Metaplanet reported a staggering impairment loss of 104.6 billion yen — about $680 million at current exchange rates — from its Bitcoin stockpile. Paper Losses With Bitcoin hovering around $88,365 on Monday, a majority of digital […]