Bitcoin

<a href="https://cryptotale.org/metaplanet-partners-with-sbi-group-to-boost-bitcoin-holdings/" rel="noopener noreferrer nofollow">Metaplanet</a> has announced the issuance of its 3rd series of guaranteed ordinary bonds worth ¥1.75 billion ($11.3 million). The company stated that the funds raised would be used to buy more Bitcoin. The latest decision to issue the bond was following a Board of Directors meeting held on November 18, 2024.The company stated that the bonds will carry an annual interest rate of 0.36% and are set to mature on November 17, 2025. The announcement follows Metaplanet&#39;s recent Bitcoin <a href="https://x.com/Metaplanet_JP/status/1850735760934125968" rel="noopener noreferrer nofollow">purchase</a> of 156.783 BTC on October 28. On that day, the BTC was acquired at an average price of 10,205,188 yen ($65,961) per Bitcoin.This latest acquisition, totaling approximately 1.6 billion yen ($10.34 million), has pushed the company&#39;s total Bitcoin holdings to 1,018.17 BTC. Historical purchase data reveals Metaplanet&#39;s strategic accumulation pattern. They started out their Bitcoin purchasing spree on April 23, 2024, by acquiring 97.850 BTC at 10,219,526 yen ($66,062) per Bitcoin.<a href="https://cryptotale.org/metaplanet-buys-57-273-btc-worth-500m-yen-shares-surge-13/" rel="noopener noreferrer nofollow">Metaplanet</a> is referred to as Asia&#39;s MicroStrategy for its Bitcoin purchase decision. Despite the market turmoil, the firm has been purchasing Bitcoin over the past months.The company&#39;s aggregate cost basis for its total holdings stands at 9.622 billion yen ($62.3M), with an average purchase price of 9,450,746 yen per Bitcoin ($61,084).<a href="https://cryptotale.org/whales-buy-over-1-billion-doge-amid-price-fluctuations/" 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 Issues ¥1.75B Bonds to Buy More Bitcoin (BTC)

CryptoTale

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