According to Odaily, Japanese publicly traded company Metaplanet Inc. has announced the acquisition of a 1 billion yen loan at an interest rate of 0.1% APR. The funds from this loan will be used to purchase additional Bitcoin.

A few days ago, Metaplanet Inc. revealed plans to distribute 10.08 billion yen (approximately $69.5 million) worth of stock acquisition rights at no cost. The proceeds from this distribution are also intended for the purchase of more Bitcoin.