menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

2w

read

87

img
dot

Image Credit: TheNewsCrypto

Metaplanet Ramps Up Bitcoin Strategy With 2 Billion Yen Bond Issuance

  • Metaplanet, a Japanese investment company, has raised 2 billion yen through an interest-free bond to expand its Bitcoin portfolio.
  • Metaplanet aims to accumulate 10,000 BTC by 2025 and eventually achieve 21,000 BTC by 2026.
  • The company recently acquired an additional 162 BTC, bringing its Bitcoin reserve to 3,050 BTC.
  • Metaplanet is following a strategy similar to MicroStrategy by issuing interest-free bonds to leverage Japan's low-interest rate environment.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app