Metaplanet Doubles Down on Bitcoin With ¥1.75 Billion Bond Issuance

Quick Summary:

With 1,018 Bitcoin worth $92.18 million, it’s now Asia’s second-largest corporate Bitcoin holder.That’s 0.005% of the total Bitcoin supply—pretty impressive.

But why put so much into such a volatile asset?

The answer lies in Japan’s economic troubles.

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Article Details

Author / Journalist: Vijay Gir

Category: Crypto

Markets: United StatesJapan

Topics: Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 04:50:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23648844

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Main Topics: Crypto

Official Website: coinpedia.org

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News Last Updated: 8 hours ago

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