May 10, 2025
Metaplanet Plans A Further $ 21M Bond Sale to Buy More Btc thumbnail
Business

Metaplanet Plans A Further $ 21M Bond Sale to Buy More Btc

Metaplanet has the largest btc stash amng publicly-worped companies outtside north America”, – WRITE: www.coindesk.com

Metaplanet has the largest btc stash amng publicly-worped companies outtside north AmericaUpdated May 9, 2025, 4:59 pm PUBLISHED MAY 9, 2025, 8:40 AM

Japanese Hotel Firm MetaPlanet (3350) SAID IT PLANS TO Sell Another $ 21.25 Million Werth of Bonds to Fund Further Bitcoin (BTC) Purchases.

The tokyo-Based FIRM AGREED TO Issue the Debt to Evo Fund on May 9, Making It The Third Such Sale in the Space of A Week, Following Two Issues of $ 25 Million Each.

The Bonds Will Not Bear Any Interest and Have A Redemption Date of Nov. 9, Metaplanet Announced in A Post on X on Friday.

The Firm Bitcoin Stash Currently Sits at 5.555 BTC ($ 576 Million), The 11th Largest Holding Among Publicly-Traded Companies and the Largest of Firms Outside North American.

Metaplanet Shares Closed 2.75% Higher on Friday at 524 Yen ($ 3.61), OutperForforming the Nikkei 225 Whoich Gained 1.56%.

Read More: Strike CEO MALLERS TO LEAD BITCOIN INVESTMENT COMPANY BACKED BY TETHER, SoftBank, Brandon Lutnick

Jamie crawley

Jamie Has Been Part of Coindesk’s News Team Since February 2021, Focussing on Breaking News, Bitcoin Tech and Protocols and Crypto VC. HE HOLDS BTC, ETH AND DOGE.

X Icon

Jamie crawley

Related posts

Doge, Xrp, Eth, Sol Follow Bitcoin Through the Cloud As Altcoin Momentum Builds

unian ua

Fed Leaves Rates UnChanged, Highlights Inflation Risks

unian ua

Case-Schiller: US HOME PRICES Rise In February As Tight Supply Supports Market

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More