Metaplanet
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🇯🇵 #Metaplanet Issues ¥1B Bonds to Buy Bitcoin:
📢 #Tokyo based investment firm Metaplanet issued ¥1 billion (approx. $6.26 million) in 0.5% bonds to buy $BTC
Their existing crypto holdings include 141.07 BTC, reflecting a “Bitcoin-first, Bitcoin-only approach.” Companies integrating Bitcoin into their portfolios is a growing trend. 🚀🌐
🌐Source: #CoinTelegraph
📢 #Tokyo based investment firm Metaplanet issued ¥1 billion (approx. $6.26 million) in 0.5% bonds to buy $BTC
Their existing crypto holdings include 141.07 BTC, reflecting a “Bitcoin-first, Bitcoin-only approach.” Companies integrating Bitcoin into their portfolios is a growing trend. 🚀🌐
🌐Source: #CoinTelegraph
#Metaplanet Inc., a Japanese investment firm, has authorized the purchase of ¥1 billion ($6.3 million) worth of $BTC using proceeds from an upcoming bond issuance.
The company's board of directors unanimously agreed to this decision, aiming to bolster their #Bitcoin holdings to hedge against economic instability and the declining value of the yen.
This move follows a previous purchase, bringing their total Bitcoin investment to over $15 million. The announcement led to a 12.2% rise in Metaplanet's stock price.
#MtGoxJulyRepayments #MtGox #TrendingTopic
The company's board of directors unanimously agreed to this decision, aiming to bolster their #Bitcoin holdings to hedge against economic instability and the declining value of the yen.
This move follows a previous purchase, bringing their total Bitcoin investment to over $15 million. The announcement led to a 12.2% rise in Metaplanet's stock price.
#MtGoxJulyRepayments #MtGox #TrendingTopic
Japanese firm #Metaplanet is venturing into the realm of #Bitcoin with aspirations to emulate the success achieved by MicroStrategy.
Metaplanet Inc., a leading player listed on the Tokyo Stock Exchange, has made a bold move by incorporating Bitcoin into its treasury assets with an initial investment of JPY 1 billion (approximately $6.56 million).
This strategic step puts Metaplanet on a path to potentially replicate the success of #MicroStrategy a renowned American corporation known for its substantial $BTC reserves.
Metaplanet Inc., a leading player listed on the Tokyo Stock Exchange, has made a bold move by incorporating Bitcoin into its treasury assets with an initial investment of JPY 1 billion (approximately $6.56 million).
This strategic step puts Metaplanet on a path to potentially replicate the success of #MicroStrategy a renowned American corporation known for its substantial $BTC reserves.
