CDS Crypto News Metaplanet Bitcoin Strategy Deepens with $11.3M Bond Offering Announcement
Crypto News

Metaplanet Bitcoin Strategy Deepens with $11.3M Bond Offering Announcement

81
Metaplanet Bitcoin Strategy Deepens With $11.3M Bond Offering Announcement

Metaplanet Bitcoin Strategy: The Japanese Firm Boosts Bitcoin Holdings with New Bond Issuance

Metaplanet Bitcoin Strategy: The Japanese Firm Boosts Bitcoin Holdings With New Bond Issuance

Metaplanet Inc., a Japanese investment firm, said it will issue 1.75 billion yen ($11.3 million) in one-year ordinary bonds to buy more Bitcoin. With the intention of using the money collected to buy bitcoin, the Tokyo-listed firm announced on Monday that its board of directors had decided to issue the bonds at an annual interest rate of 0.36%. On November 17, 2025, the redemption date is scheduled.

More bitcoin purchases incoming,

Simon Gerovich, CEO of Metaplenet

Strategic Treasury Shift: Metaplanet Raises $66M to Expand Bitcoin Reserves

After announcing in May that it would use Bitcoin as a strategic treasury reserve asset, Metaplanet has been buying Bitcoin in droves in recent months. According to its most recent statement, the corporation is one of the biggest corporate bitcoin holders in Asia, with 1,018.17, or almost $93.5 million at current market levels.

  • The company completed the exercise of its stock acquisition rights last month, raising roughly 10 billion yen ($66 million).
  • On Monday, Metaplanet‘s stock ended the day in Japan at 1,994 yen, up 0.81%.
  • Google Finance reports that the company’s stock price has increased 1,146% so far this year.

For more up-to-date crypto news, you can follow Crypto Data Space.

Metaplanet Bitcoin Strategy Deepens With $11.3M Bond Offering Announcement 276590
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Bitcoin Price Surge to $100K Boosts Altcoins Like XRP and Solana

Bitcoin hits $100K amid positive inflation data, boosting altcoins like XRP, Solana,...

Top 5 Cryptos to Watch for the 2025 Bull Run: BlockDAG, Solana, Chainlink, SUI, and Cardano

Explore the top 5 cryptos for the 2025 bull run, including BlockDAG,...

BTC Price Analysis: Will Bitcoin Break $100K After Market Correction?

Bitcoin rebounds to $98K after Microsoft rejection, facing resistance at $100K; market...

BTC Price Surge: What Traders Are Saying About Bitcoin’s Rebound to $100,000

Bitcoin (BTC) surged back to $100,000 following strong U.S. macroeconomic data, with...