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Metaplanet buys back 12.25 million shares for $18.76 million to lift Bitcoin per share

By Vivian Nguyen

Metaplanet's buyback strategy highlights the tension between supporting share value and maintaining financial flexibility amid market pressures. The post Metaplanet buys back 12.25 million shares for $18.76 million to lift Bitcoin per share appeared first on Crypto Briefing.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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