Bitcoin Saved Japanese and U.S. Companies From 'Zombie' Status

IconCryptoNewsTerminal Staff25 Jul, 2024

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Bitcoin Saved Japanese and U.S. Companies From 'Zombie' Status

Bitcoin Purchase Helped Japanese Metaplanet, US Semler Scientific Exit 'Zombie' Status Metaplanet's stock price has increased by 980% since its initial BTC purchase on April 23, while Semler Scientific has grown by 40% since May 28. Executives from Japanese publicly traded firm Metaplanet and Nasdaq-listed medical device maker Semler Scientific stated that purchasing bitcoin (BTC) has enabled their businesses to escape "zombie" status, according to Cointelegraph. Metaplanet's stock price has increased by 980% since its initial BTC purchase on April 23, while Semler Scientific has grown by 40% since May 28.

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