Metaplanet Acquires 1,005 Bitcoin, Issues $208M Bonds for Further BTC Buys


Metaplanet Acquires 1,005 Bitcoin, Issues 8M Bonds for Further BTC Buys



Metaplanet has bought 1,005 bitcoin (BTC) pushing its total stash of the largest cryptocurrency to 13,350 BTC.

The Tokyo-listed hotelier also announced it is issuing 0% interest rate ordinary bonds worth $208 million to further enhance its bitcoin acquisition strategy.

Metaplanet, is a known BTC HODLer, and is one of the top five corporate holders of the cryptocurrency. Last week, the firm said it is raising $515 million from equity capital raises.

At press time, BTC was trading at $108,250.

Read more: Metaplanet Raises $515M, Blockchain Group Adds $4.8M in Bitcoin Treasury Equity Moves



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