Metaplanet Expands Bitcoin Holdings with $210M Bond Issuance
Metaplanet Inc. $3350.T has issued bonds worth ¥33 billion ($210 million) to strengthen its Bitcoin $BTCUSD acquisition program. The Tokyo-based firm is doubling down on digital assets amid structural shifts in corporate treasury models. This move continues the accumulation strategy launched in April 2024, signaling an institutional shift toward crypto-native asset allocation. The market responded swiftly: shares of Metaplanet rose 17% after the announcement. Since January, its stock has surged over 408%, driven largely by investor anticipation of further BTC-related developments.
McDonald’s Reaches Confidential Settlement in $10 Billion Discrimination Lawsuit
McDonald’s Corp. $MCD has finalized a confidential settlement with Allen Media Group, ending a $10 billion discrimination lawsuit filed by media mogul Byron Allen. The complaint alleged that McDonald’s systematically excluded Black-owned media companies from its primary advertising channels by operating a segregated ad-spend structure, thereby violating federal and California civil rights laws. Filed in the U.S. District Court in California, the case gained traction in late 2023 after Judge Fernando Olguin declined to dismiss the suit. The court found plausible evidence suggesting McDonald’s maintained separate marketing budgets—one for the general market and another for “targeted” Black audiences. This dual-tier structure, the court noted, could constitute discriminatory allocation of corporate resources.
Taylor Wimpey Shares Break Resistance on Earnings Momentum
Shares of Taylor Wimpey plc $TW.L advanced by 3.28% today, breaking through the technical resistance level of 120.00 pence for the first time since early 2025. The session opened at 117.70 pence and quickly gained strength, reflecting renewed investor optimism following a prolonged consolidation phase that has defined much of the stock’s year-to-date performance. This bullish breakout marks a technical inflection point after months of range-bound trading, as market participants recalibrate expectations around the UK homebuilding sector amid evolving macroeconomic pressures and policy adjustments in the housing market.