Metaplanet's stock experienced a 6.5% surge during Thursday's trading after announcing a successful fundraise of $62 million. The funds were raised by issuing the Moving Strike Stock Acquisition Rights, with the intention to purchase additional Bitcoins.
The company's stock performance has been remarkable, showing a 102% rise over the past month. This growth significantly outpaced Bitcoin's gains, which stands at 36%, highlighting Metaplanet's superior return on investment.