Metaplanet Issues Corporate Bonds Worth 19.3 Billion Won for Additional Bitcoin (BTC) Purchase
Minseung Kang
Summary
- Metaplanet announced that it will issue corporate bonds worth 19.3 billion won with 0% interest rate for additional Bitcoin purchases.
- Metaplanet reported that it holds a total of 2235 BTC, with an average purchase price of approximately 119.88 million won per BTC.
- This issuance is considered part of a strategy to expand Bitcoin investments.
Japan's strategy company Metaplanet announced that it will issue corporate bonds to purchase additional Bitcoin (BTC).
On the 27th, Metaplanet stated through X (formerly Twitter), "Metaplanet is issuing corporate bonds worth 2 billion yen (approximately 19.3 billion won) with 0% interest."
Meanwhile, Metaplanet currently holds a total of 2235 BTC. The average purchase price per BTC is 12,411,856 yen (approximately 119.88 million won).
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
