Published 2 days ago • loading... • Updated 2 days ago

Metaplanet Stock Crashes 9% Despite 2 Billion JPY Bitcoin Purchase Plan

Summary by Coingape

Metaplanet stock price has come crashing down more than 9%, slipping under 400 JPY levels, despite the firm announcing its 2 billion JPY Bitcoin purchase plan. This happened as the Japanese stock market tanked 4% in early trading hours on Monday, as they prepare for President Trump’s “Liberation Day” on April 2. Metaplanet Issues 2 Billion JPY In Zero-Interest Bonds for Bitcoin Purchase Earlier today, Metaplanet announced the issuance of its 10t…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All

Left

Center

Right

Deythere

Bitcoin-Focused Metaplanet Launches $13M Zero-Interest Bond Drive

Tokyo-based investment firm Metaplanet has intensified its commitment to Bitcoin by issuing zero-interest bonds worth 2 billion yen ($13.3 million). The company confirmed on Monday that all proceeds will be allocated exclusively to expanding its Bitcoin holdings. The strategic bond issuance helps the company achieve its mandate to base corporate treasury funds in decentralized digital assets. EVO FUND completely accepted all the issued bonds dur…

2 days ago

Read Full Article