Japanese Metaplanet will raise $6.3 million for the purchase of bitcoins
Public company Metaplanet announced its intention to place 1 billion yen ($6.26 million) in unsecured bonds to acquire digital gold.
The interest rate on securities will be 0.5%. The circulation period and coupon payment period is one year.
The market reacted positively to the company's plans. Metaplanet shares rose 9.2%, according to Finance.Yahoo.
In June 2024, the organization reported purchasing 23,351 BTC ($1.58 million). Her total balance in the first cryptocurrency increased to 141.07 BTC ($9.54 million).
