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Japanese firm Metaplanet to invest $58.76M in Bitcoin

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Metaplanet, a major Japanese investment firm, has committed ¥10 billion (approximately $70 million) to Bitcoin, marking one of the largest single investments in the cryptocurrency by a Japanese company. This strategic move highlights the firm’s confidence in Bitcoin as a valuable asset and its potential for significant returns.

The investment comes as part of Metaplanet’s broader strategy to diversify its portfolio and capitalize on the growing adoption of digital assets. By allocating a substantial portion of its funds to Bitcoin, Metaplanet aims to leverage the cryptocurrency’s performance and contribute to its long-term growth.

This significant investment reflects a broader trend of institutional and corporate interest in Bitcoin and other cryptocurrencies. As digital assets continue to gain traction in mainstream finance, major players like Metaplanet are increasingly recognizing their potential as a hedge against traditional financial market fluctuations.

Metaplanet’s move also underscores the growing acceptance of Bitcoin in Japan, a country known for its progressive stance on digital currencies. The firm’s investment is expected to bolster its position in the cryptocurrency market and set a precedent for other Japanese companies considering similar investments.

The decision to invest ¥10 billion in Bitcoin is seen as a strong endorsement of the cryptocurrency’s viability and a strategic alignment with Metaplanet’s long-term financial goals. As the cryptocurrency landscape evolves, such high-profile investments are likely to influence market dynamics and investor sentiment.

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Binance launches in Syria after Trump lifts sanctions

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Binance has signaled interest in expanding its services to Syria following a recent move by former U.S. President Donald Trump to lift certain economic sanctions. The easing of restrictions has opened the door for global businesses, including cryptocurrency platforms, to re-evaluate their presence in the region.

A Binance spokesperson confirmed that the company is exploring opportunities in Syria and may extend support to local users. The development marks a potential shift in crypto accessibility for a country that has long faced economic isolation due to international sanctions.

Although no formal launch has been announced, the move suggests that Binance is preparing to tap into an underserved market. The company emphasized that it will continue to monitor regulatory guidelines while assessing how best to engage Syrian users within legal frameworks.

The renewed interest in Syria reflects broader efforts by crypto firms to expand globally amid shifting geopolitical and regulatory dynamics. If Binance proceeds, it could become one of the first major crypto platforms to reenter the Syrian market in years.

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GameStop plunges 12% after proposing new $1.75B debt offering

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GameStop’s stock dropped 11% after the company revealed plans to offer $2.14 billion in convertible notes, sparking investor concerns about potential dilution. The market reacted sharply to the move, which could lead to an increased share count if noteholders opt to convert their holdings into equity.

The company stated that the proceeds will be used for general corporate purposes, which may include acquisitions and investments. Convertible notes provide flexibility for companies, but often trigger negative investor sentiment due to the future possibility of share dilution.

The timing of the announcement came just as GameStop was enjoying renewed attention from retail investors, particularly following the reappearance of “Roaring Kitty,” a central figure in the 2021 meme stock frenzy. That momentum was quickly undercut by fears surrounding the fundraising effort.

GameStop’s latest financial strategy highlights its continued attempts to adapt and remain relevant in a changing retail landscape. However, the negative market reaction reflects ongoing uncertainty over the company’s ability to convert hype into sustained performance.

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Peaq and UAE bet on tokenized machines to power future economy

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The United Arab Emirates has introduced a new regulatory sandbox dedicated to advancing the machine economy, in collaboration with blockchain network peaq and Web3 data platform Pulsar. The initiative is backed by the country’s Artificial Intelligence, Digital Economy and Remote Work Applications Office and is aimed at supporting decentralized physical infrastructure networks (DePINs).

The sandbox offers a controlled environment where projects involving autonomous vehicles, delivery drones, and smart city applications can be tested and scaled. Developers will be able to deploy real-world use cases involving connected devices while benefiting from regulatory guidance and technical support.

Participants in the program will receive resources such as funding opportunities, mentorship, and access to strategic partners, enabling them to refine and expand their technologies. The initiative reflects the UAE’s continued efforts to lead in Web3 innovation, artificial intelligence, and future-driven economic models.

By fostering projects that combine AI, blockchain, and IoT, the UAE seeks to attract global startups to build the foundations of a decentralized machine economy. The sandbox is expected to drive real-world adoption of DePIN technologies across transport, infrastructure, and smart services sectors.

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