Metaplanet announced plans to issue one-year bonds totaling 1.75 billion yen, aiming to finance additional BTC purchases and strengthen its cryptocurrency portfolio.
The company began acquiring BTC in April as part of its strategy to hedge against Japan’s economic instability, showcasing its commitment to digital assets.
With a current holding of over 1,000 BTC valued at approximately $92.33 million, Metaplanet is positioning itself as a serious player in the cryptocurrency market.
While Metaplanet is mimicking MicroStrategy's approach in accumulating BTC, its holdings remain significantly lower compared to the U.S. firm's extensive cryptocurrency portfolio.
Collection
[
|
...
]