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Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings

CoinGape LogoCoinGape20h ago

Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings - CoinGape

Quick Summary:

Tokyo-based Metaplanet is raising cash to fund its Bitcoin purchases via the issuance of ordinary bonds.The firm has raised 3.6 billion JPY (US$23 million) from the issuance, which it says it will deploy toward its BTC buying spree.

MicroStrategy has its sights on increasing its Bitcoin holdings in the coming days, mirroring MicroStrategy’s moves.

Metaplanet has set a target of 10,000 BTC before the end of 2025, and an aggressive accumulation spree puts the firm on track to achieve its goal.

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Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings - CoinGape (Picture 1)

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Article Details

Author / Journalist: Aliyu Pokima

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 04:42:57 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28316049

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings" has 424 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Metaplanet Raises 3.6 Billion JPY To Increase Bitcoin Holdings" was covered 20 hours ago by CoinGape, a news publisher based in India.

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It's most recent story was published 8 hours ago.

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  • News ID: #28316049
  • URL: https://nieruchomosci.beamstart.com/news/metaplanet-raises-36-billion-jpy-17461611079450

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