Metaplanet Invests ¥1.75 Billion More in Bitcoin Amid Economic Challenges
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The post Metaplanet Invests ¥1.75 Billion More in Bitcoin Amid Economic Challenges appeared first on Coinpedia Fintech News Tokyo-based investment firm Metaplanet has announced it has bought more Bitcoin, spending ¥1.75 billion ($11.3 million). The company will issue one-year bonds to fund this purchase. Metaplanet now owns 1,018 BTC, worth $92.18 million, 0.005% of all Bitcoin available. This move comes when Japan faces a weak yen, high debt, and low interest rates. Since …
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