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Metaplanet Ramps Up Bitcoin Strategy With 2 Billion Yen Bond Issuance

TheNewsCrypto LogoTheNewsCrypto20h ago

Metaplanet Ramps Up Bitcoin Strategy With 2 Billion Yen Bond Issuance - TheNewsCrypto

Quick Summary:

Japanese investment company Metaplanet Inc.has said it plans to sell 2 billion yen, or about $13.4 million worth of interest-free regular bonds as part of its approach to acquiring Bitcoin.

Following this acquisition, the firm’s Bitcoin reserve now stands at 3,050 BTC.

Each bond carries a face value of 50 million yen, and bondholders are allowed early redemption options.


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Metaplanet Ramps Up Bitcoin Strategy With 2 Billion Yen Bond Issuance - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Sarayu Krishna

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 10:38:09 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 318 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 26920848

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 27 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Metaplanet Ramps Up Bitcoin Strategy With 2 Billion Yen Bond Issuance" was covered 20 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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  • News ID: #26920848
  • URL: https://beamstart.com/news/metaplanet-ramps-up-bitcoin-strategy-1741787305864

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