Binance is the world’s leading digital asset exchange by trading volume. Building on that reputation, the company has announced the creation of a new investment fund valued at one billion dollars, designed to finance blockchain-focused startups.
Japan’s Largest Corporate Bitcoin Holder Reports $736M Valuation Loss
Metaplanet reported a net loss of ¥114.5 billion (approximately $725.6 million) in the first quarter of fiscal 2026, driven primarily by significant valuation losses on its Bitcoin holdings as prices declined. The company recorded an ordinary loss of ¥114.9 billion (about $728 million), largely due to ¥116.3 billion ($736 million) in Bitcoin valuation losses booked … Read more