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Metaplanet Stock Jumps 26%, Analyst Predicts 5x Rally if Bitcoin Hits $200K Coingape 2 days ago

Metaplanet Stock Jumps 26%, Analyst Predicts 5x Rally if Bitcoin Hits $200K 📈

The Metaplanet stock (OTCMKTS: MTPLF) experienced a remarkable rise of 26.49% on Friday following news of a significant $5.4 billion fundraising effort through an equity financing plan aimed at increasing Bitcoin purchases. The stock closed at $11.65 and has climbed 245% over the past month.

Market analysts suggest that MTPLF has further growth potential, possibly achieving a 5x rally if Bitcoin reaches a valuation of $200K, highlighting the stock's strong performance and investor interest in Bitcoin.

Source: coingape.com ↗