Leave responsibility: The opinions that our book expresses are their own and do not represent the opinions of U.today. Financial information and the market provided to U.today is for media purposes only. U.Tode is not responsible for any financial losses that incurred it during the trading of encrypted currencies. Perform your research by contacting financial experts before making any investment decisions. We believe that all content is accurate from the date of publication, but the presentations that have been mentioned are no longer available.
Japanese traded MetaplanetWhich follows the Microstrate's Playbook book on Bitcoin, publishes the word about its plans to raise more than a hundred billion Japanese to buy a new group of Bitcoin.
"Microstrategy" is preparing to buy a huge BTC
Metaplanet plans to issue 21 million new shares' subscription rights with a 0 % discount rate to attract 116 billion JPY (which translates into about 745 million dollars) to continue to purchase the world's primary cryptocurrency, Bitcoin. The company stated that this will be one of the largest bitcoin purchases in the history of Asian markets.
The news spread throughout the encryption community by the Chinese encrypted journalist and blogger Colin Wu.
As said U.Tode, in December 2024, Metaplanet released the fourth series of regular bonds with the aim of collecting 4.5 billion yen, equivalent to 30 million dollars. The revenues were used directly to expand the company's Bitcoin's cache.
Related
Microstrategy continues to buy bitcoin
As U.Today said, on Monday, the Michael Saylor Microstratei giant, who focuses on Bitcoin, announced the purchase of Bitcoin at a value of $ 1.1 billion. This was the twelfth consecutive BTC purchase of BTC.
A week ago, Microstrategy bought $ 1.1 billion. The giant that focuses on Bitcoin now has 471,107 BTCs estimated at about $ 47 billion at the current BTC/USD.
Four days ago, Silor announced its intention Recovery more than one billion dollars Debt offer. These convertible observations are scheduled to end in 2027, however, Microstratei intends to recover this year, pay more than a billion US dollars to holders and thus partially pay the BTC debt.
Source link