Coinspeaker
Metaplanet Raises $61M to Acquire More Bitcoin
Metaplanet Inc, also referred to as Asian MicroStrategy, has raised 9.5 billion yen, which is equivalent to approximately $61 million, to acquire more Bitcoin
BTC
$95 250
24h volatility:
7.3%
Market cap:
$1.89 T
Vol. 24h:
$133.52 B
. The Japanese firm secured the capital in two tranches of bond issuance. The first was a resolution to issue 5 billion yen, or $31.9 million, as the fifth ordinary bond, and the other 4.5 billion yen ($28.7 million) bond issuance.
Metaplenet to Fuel Its Bitcoin Reserve Strategy
Both bonds have a 0% interest rate, and their maturity date is June 16, 2025. Metaplanet CEO Simon Gerovich stated that the fund will kickstart and acceler
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