Japan's Metaplanet to Increase Bitcoin Holdings, Issues Bonds Worth 19.8 Billion Yen

Source
Son Min

Summary

  • Japan's Metaplanet announced it will issue bonds worth 19.8 billion KRW to purchase additional Bitcoin.
  • Metaplanet stated that it will raise funds through 0% interest ordinary bonds.
  • Metaplanet emphasized that it currently holds 3,350 Bitcoins.
Source=Metaplanet X Capture
Source=Metaplanet X Capture

Japan's Metaplanet, regarded as a strategic player, has issued bonds to purchase additional Bitcoin (BTC).

On the 31st (local time), Metaplanet announced on X, "We are issuing 0% ordinary bonds worth 20 billion yen (approximately 19.8 billion KRW) to purchase additional Bitcoin."

Meanwhile, Metaplanet currently holds 3,350 Bitcoins.

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Son Min

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