Bitcoin

<ul><li>Metaplanet Inc. issues ¥1 billion bonds with 0.5% interest to invest in Bitcoin amid yen volatility.</li><li>Metaplanet&#39;s Bitcoin purchase, funded by bond issuance, aims to hedge against currency risks.</li><li>Metaplanet&#39;s Bitcoin investment reflects the growing institutional adoption of digital assets for diversification.</li></ul>Metaplanet Inc., a prominent player in the financial sector, has <a href="https://x.com/Metaplanet_JP/status/1805075065618538661" rel="noopener noreferrer nofollow">announced</a> a significant investment move. The company&#39;s board of directors has authorized the purchase of Bitcoin worth 1 billion yen. This investment will be funded by the proceeds from a new bond issuance. Metaplanet made this announcement through a series of tweets, highlighting its strategic decision to venture deeper into the cryptocurrency market.On June 24, 2024, Metaplanet revealed its plan to issue the second series of ordinary bonds, amounting to 1 billion yen. These bonds come with an annual interest rate of 0.5%. The funds raised from this issuance will be allocated specifically for purchasing <a href="https://cryptotale.org/bitcoin-developer-introduces-brollups-for-fast-low-cost-transactions/" rel="noopener noreferrer nofollow">Bitcoin</a>. This strategic move is part of Metaplanet&#39;s broader investment strategy to diversify its assets and hedge against traditional market volatility.<a href="https://cryptotale.org/metaplanet-inc-invests-%C2%A51-billion-in-bitcoin-through-new-bond-issuance/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Metaplanet Inc. Invests ¥1 Billion in Bitcoin through New Bond Issuance

CryptoTale

Інші статті, опубліковані 25 черв. 2024 р.

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