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Metaplanet Issues $210 Million Bond, Signaling Strong Confidence in Bitcoin Strategy

Published by bitcoinist.com on 12 hours ago

Metaplanet Issues $210 Million Bond, Signaling Strong Confidence in Bitcoin Strategy

Metaplanet, a company listed in Tokyo and frequently referred to as Japan's "Strategy," has successfully raised $210 million through zero-interest bonds to enhance its Bitcoin holdings. The board approved the 18th series of regular bonds on Monday.

In related news, the cryptocurrency market has recently become more expensive in Brazil due to the introduction of a 17.5% tax.

These bonds were exclusively purchased by investors from the Cayman Islands.

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