Metaplanet Issues 2B-Yen Zero-Coupon Bond to Buy More BTC
28 Articles
28 Articles
Metaplanet Issues 2B-Yen Zero-Coupon Bond to Buy More BTC
Japanese hotel firm Metaplanet (3350) has issued a 2 billion yen ($13.3 million) zero-coupon ordinary bond, with proceeds earmarked for additional bitcoin (BTC) purchases. The bond is scheduled to redeem on Sept. 30.In addition, Metaplanet has been added to the BetaShares Crypto Innovators ETF (CRYP), a fund with over $50 billion in assets under management, according to CEO Simon Gerovich. Metaplanet holds the largest weighting in the ETF at 15.…
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