Odaily Planet Daily News: Japanese investment advisory company Metaplanet announced that it has obtained a loan totaling 1 billion yen (about 6.8 million U.S. dollars) and plans to use the entire amount to purchase Bitcoin. The company said on Tuesday that it plans to conduct a 10 billion yen (68.4 million U.S. dollars) stock acquisition rights free placement. The company said in a document: "Most of the funds raised will be strategically used to purchase Bitcoin." Metaplanet included Bitcoin in its reserve assets earlier this year to hedge against exchange rate fluctuations of the yen.