Metaplanet Issues 3.6 Billion Yen Worth of Ordinary Corporate Bonds for Bitcoin Purchase
Uk Jin
Summary
- Metaplanet announced that it has issued 3.6 billion yen worth of zero-interest ordinary corporate bonds to purchase additional Bitcoin.
- It stated that this bond issuance will be used to expand Bitcoin purchases by Strategic Asset Management.
- The issuance, under zero-interest conditions, is expected to favorably contribute to Metaplanet's strategy to secure Bitcoin.
Metaplanet, often referred to as the 'Strategy' (formerly MicroStrategy) of Japan, appears to be moving to purchase additional Bitcoin (BTC).
On the 2nd (local time), Metaplanet announced through its official X (formerly Twitter) that it has issued 3.6 billion yen worth of zero-interest ordinary corporate bonds, stating that "this will be used to purchase Bitcoin."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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