Bitcoin Treasury Race: Metaplanet Announces $531M Capital Strategy

Metaplanet Inc. unveiled a $255 million equity financing on Monday designed to turbocharge its bitcoin treasury strategy, with potential proceeds climbing to roughly $531 million if accompanying warrants are fully exercised. Tokyo-Listed Metaplanet Raises Capital to Accelerate Bitcoin Holdings Tokyo-listed Metaplanet Inc. (TSE: 3350; OTCQX: MTPLF; ADR: MPJPY) said March 16 it will raise approximately…

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COBOL Is the Asbestos of Programming Languages

Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old programming language and needed to be updated to handle the hundreds of thousands of claims. Trouble was, few of the state’s employees knew how to…

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Ethereum Price $2,200 Recovery: Reversal Confirmed?

Ethereum price has finally begun to recover, climbing back above the psychologically significant $2,150 zone after weeks of testing holders’ patience. As usual, the requirements are the same: ETH must close the daily candle above $2,200 and hold this level to potentially build a further upward leg (with $2,500-2,700 as immediate targets). However, breaking below…

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