Metaplanet Acquires 1,005 Bitcoin, Issues $208M Bonds for Further BTC Buys
Metaplanet has bought 1,005 bitcoin (BTC) pushing its total stash of the largest cryptocurrency to 13,350 BTC.
The Tokyo-listed hotelier also announced it is issuing 0% interest rate ordinary bonds worth $208 million to further enhance its bitcoin acquisition strategy.
Metaplanet, is a known BTC HODLer, and is one of the top five corporate holders of the cryptocurrency. Last week, the firm said it is raising $515 million from equity capital raises.
At press time, BTC was trading at $108,250.
Read more: Metaplanet Raises $515M, Blockchain Group Adds $4.8M in Bitcoin Treasury Equity Moves
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