Metaplanet's goal of reaching a reserve of 210,000 bitcoins by the end of 2027, equivalent to 1% of the total supply of the cryptocurrency and valued at 22 billion dollars at current prices, has captured the attention of international financial markets. The Japanese company announced plans to raise approximately 5.4 billion dollars in order to significantly expand its bitcoin holdings, according to the Financial Times. Metaplanet's strategy represents a radical shift in its business model. The company, which until recently was primarily focused on hotel development, made in 2024 what its CEO, Simon Gerovich, described as a "strategic shift", transitioning from being a "hotelier to a hodler" and transforming into a treasury-focused company centered on bitcoin.
#MetaplanetBTCPurchase Metaplanet's goal of reaching a reserve of 210,000 bitcoins by the end of 2027, equivalent to 1% of the total supply of the cryptocurrency and valued at 22 billion dollars at current prices, has caught the attention of international financial markets. The Japanese company announced plans to raise approximately 5.4 billion dollars in order to significantly increase its bitcoin holdings, according to the Financial Times. Metaplanet's strategy represents a radical shift in its business model. The company, which until recently was mainly focused on hotel development, made what its CEO, Simon Gerovich, described in 2024 as a "strategic shift", moving from being a "hotelier to a hodler" and transforming into a treasury-focused company centered on bitcoin.
Binance is a leading cryptocurrency exchange platform worldwide. It allows users to buy, sell, and trade a variety of cryptocurrencies, as well as offering services such as trading, lending, and access to decentralized applications (dApps). Essentially, Binance acts as an intermediary that facilitates transactions between buyers and sellers of cryptocurrencies, with a wide range of payment options and trading tools.
How does Binance work?
1. Registration and verification:
To start using Binance, you need to register on its platform and verify your identity.
2. Deposit of funds:
Once your account is verified, you can deposit funds into your Binance account using different methods such as bank transfers, credit/debit cards, or cryptocurrencies.
3. Cryptocurrency trading:
Binance offers different trading platforms, such as spot trading, margin trading, futures, and options, where you can buy, sell, and exchange cryptocurrencies.
4. Other services:
In addition to trading, Binance offers other services such as Binance Earn, where you can earn interest on your cryptocurrencies, and Binance P2P, a peer-to-peer platform for buying and selling cryptocurrencies directly with other users.
5. Security:
Binance implements advanced security measures to protect the funds and information of its users, including two-factor authentication (2FA) and other security measures.
In summary, Binance operates as a complete ecosystem for cryptocurrencies, offering a variety of services for traders, investors, and general users.
#TrumpBTCTreasury Binance is a leading global cryptocurrency exchange platform. It allows users to buy, sell, and trade a variety of cryptocurrencies, in addition to offering services such as trading, loans, and access to decentralized applications (dApps). Essentially, Binance acts as an intermediary that facilitates transactions between buyers and sellers of cryptocurrencies, with a wide range of payment options and trading tools.
How does Binance work?
1. Registration and verification:
To start using Binance, you need to register on their platform and verify your identity.
2. Deposit funds:
Once your account is verified, you can deposit funds into your Binance account using various methods such as bank transfers, credit/debit cards, or cryptocurrencies.
3. Cryptocurrency trading:
Binance offers different trading platforms, such as spot trading, margin trading, futures, and options, where you can buy, sell, and exchange cryptocurrencies.
4. Other services:
In addition to trading, Binance offers other services like Binance Earn, where you can earn interest on your cryptocurrencies, and Binance P2P, a peer-to-peer platform to buy and sell cryptocurrencies directly with other users.
5. Security:
Binance implements advanced security measures to protect the funds and information of its users, including two-factor authentication (2FA) and other security measures.
In summary, Binance functions as a complete ecosystem for cryptocurrencies, offering a variety of services for traders, investors, and general users.
CryptoRoundTableRemarks, often seen in Binance Square, refers to discussions and comments generated around roundtables on cryptocurrencies. These "roundtables" can be virtual or physical, bringing together experts, investors, developers, and enthusiasts to debate the current and future state of the crypto ecosystem. Topics can vary from regulation, technological innovation, market trends, to investment advice and analysis of specific projects. It is a key source for gaining diverse perspectives and staying up to date with the latest news and opinions within the digital assets space.
Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance initially had its headquarters in China, then moved to Japan just before the Chinese government banned cryptocurrency companies. Binance subsequently left Japan for Malta and currently the company has no official headquarters. In 2021, Binance was put under investigation by the United States Department of Justice and the Internal Revenue Service for allegations of money laundering and tax offenses. The Financial Conduct Authority of the United Kingdom ordered Binance to cease all regulated activity in its territory in June 2021. That same year, Binance shared user information, including names and addresses, with the Russian government. On November 21, 2023, Binance pleaded guilty to federal charges, admitting that it was involved in money laundering, transmitting money without a license, and violations of sanctions, and agreed to pay nearly $4 billion in fines.
#TrumpTariffs Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance initially had its headquarters in China, then moved to Japan just before the Chinese government banned cryptocurrency companies. Binance subsequently left Japan for Malta, and currently the company has no official headquarters. In 2021, Binance was placed under investigation by the United States Department of Justice and the Internal Revenue Service for allegations of money laundering and tax offenses. The Financial Conduct Authority of the United Kingdom ordered Binance to cease all regulated activity in its territory in June 2021. That same year, Binance shared user information, including names and addresses, with the Russian government. On November 21, 2023, Binance pleaded guilty to federal charges, admitting that it engaged in money laundering, unlicensed money transmission, and violations of sanctions, and agreed to pay nearly 4 billion dollars in fines.