DeFi News Daily Official TheBitTimes.com

Metaplanet shares surged 5.5% after the company announced plans for a $500 million share buyback funded through a new credit facility. The Japan-based firm said in a statement today that its board had approved a new capital allocation policy that includes repurchasing shares, pausing equity raises when its market value falls below its Bitcoin net asset value, and optimizing its use of preferred stock. CEO Simon Gerovich said the goal is to “maximize BTC Yield and long-term corporate value.”  While a maximum of $500 million can be allocated to buy back up to about 13% of Metaplanet shares, the company said the credit facility would also provide flexibility for ” Bitcoin acquisitions, and other financing uses.” Metaplanet’s surge today extended its gain over the past week to more than 12%, according to Yahoo Finance, but it remains more than 9% down over the past month. Metaplanet share price (Source: Yahoo Finance ) Metaplanet Plans New Cap...

Citi has assigned a ”Buy” rating to Michael Saylor’s struggling Bitcoin treasury firm Strategy, forecasting 61% upside over the next 12 months based on Bitcoin hitting the bank’s $181,000 price target. Strategy is a ‘’leveraged proxy’’ for Bitcoin’s performance, the Wall Street investment bank said in an Oct. 21 research note. It set a $485 price target for Strategy shares, assuming Bitcoin hits its 12-month price forecast and the company maintains its typical premium to net asset value. But its analysts warned that while the stock offers outsized upside in bull markets, it also magnifies downside losses. A 25% pullback in BTC, they warned, could swing Strategy’s NAV from a 35% premium to a discount and cut the stock’s value by as much as 61%. “The stock presents significant risks due to its positioning as a leveraged proxy for Bitcoin,” Citi analysts said. ”Its value is nearly 100% tied to the someti...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Amid ongoing cryptocurrency market volatility, OpenAI’s artificial intelligence (AI) model ChatGPT has placed nearly even odds on Bitcoin (BTC) slipping below the $100,000 mark before the end of 2025. At press time, Bitcoin was trading at $111,044, having plunged about 3.5% in the last 24 hours. On the weekly timeframe, BTC has dropped more than 10%. Bitcoin seven-day price chart. Source: Finbold According to the model’s projections, there is roughly a 50% chance that Bitcoin will briefly fall below $100,000 within the next two months.  However, the probability of the cryptocurrency remaining under that threshold for an extended period, more than two weeks, stands at around 20%. By contrast, the likelihood of Bitcoin avoiding any such decline through year-end is estimated at 30%. Odds of Bitcoin dropping below $100,000. Source: ChatGPT The model cited possible triggers for a drop below $100,000, including macroeconomic shocks, tighter monetary policy, m...

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