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VisitPerformance of Metaplanet's Bitcoin investment by end of 2024
Gain > 20% • 33%
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Loss • 33%
Metaplanet's end-of-year financial statement or public disclosures
Japanese Firm Metaplanet to Issue ¥1 Billion in Bonds to Buy Bitcoin, Shares Up 12%
Jun 24, 2024, 08:51 AM
Japanese public company Metaplanet Inc., a Tokyo-headquartered consulting firm, has announced plans to issue ¥1 billion ($6.26 million) in 0.5% bonds to acquire more Bitcoin. The decision, approved by the board of directors, aims to add approximately $6.26 million worth of Bitcoin to its existing holdings. This strategic move underscores the growing institutional interest in digital assets amid recent market fluctuations. Following the announcement, Metaplanet's shares saw a significant 12% surge.
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