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Proceeds from the $5 billion ATM program will fund Bitcoin purchases, acquisitions, capital expenditures, and investments in new or existing operations.

Metaplanet also announced a BTC purchase earlier today.

Key names like Coinbase, Strategy, and Metaplanet have declined amid a lack of immediate market catalysts.

XRP discussions center on Ripple’s control and centralization concerns, whereas Cardano is trending for cross-chain swaps, PoS architecture, and other growing ecosystem activity.

The latest acquisition is much smaller than the previous ones.