Metaplanet Issues Bonds Worth 38.2 Billion KRW to Purchase More Bitcoin

Source
Son Min

Summary

  • Metaplanet announced that it would issue corporate bonds worth 38.2 billion KRW to purchase additional Bitcoin.
  • Currently holding 1,762 BTC, Metaplanet aims for 10,000 BTC by the end of this year.
  • They plan to hold 21,000 BTC by the end of next year.
Source=Metaplanet X Capture
Source=Metaplanet X Capture

Metaplanet, regarded as a strategy in Japan, is issuing corporate bonds to purchase additional Bitcoin (BTC).

On the 9th (local time), Metaplanet announced through its official X that it would issue ordinary corporate bonds worth 4 billion yen (approximately 38.2 billion KRW) to purchase more Bitcoin.

Currently holding 1,762 BTC, Metaplanet plans to hold 10,000 BTC by the end of this year and 21,000 BTC by the end of next year.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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