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Bitcoin

The Japanese company Metaplanet exports $ 13.3 million in bonds to buy more bitcoin

Metaplanet – a Japanese company that follows the steps of strategy by focusing on Bitcoin accumulation – released only two billion yen ($ 13.3 million) of bonds to buy more BTC.

According to March 31 presentationMetaplanet has released zero interest bonds by allocating them via the EVO box to feed its bitcoin purchases. Investors will be allowed to recover the newly issued securities with the full nominal value by September 30 this year.

The CEO of the company, Simon Jerovic, wrote at X mail The company was benefiting from the last recession in bitcoin prices. This announcement comes at a time when Bitcoin has changed for about $ 82,000 at the time of writing this report-that is, approximately 25 % of its highest level ever for more than $ 109,000.

Related to: The price of the Metaplanet shares increases by 4,800 %, as the company BTC has overlapping

source: Simon Jerovich

Metaplanet is the best bitcoin holder in Asia and the tenth in the world, according to Bitcontrasuries. Data. The company currently owns about 3,200 bitcoin, at a value of about $ 1.23 billion.

In the footsteps of the giants

Metaplanet “Microstrategy in Asia” is often called the company’s strategy (formerly Microstrategy), a US -based market intelligence company that has turned its primary focus towards bitcoin accumulation. Metaplanet’s older brother in the United States is the best Bitcoin holder with more than 500,000 BTC in its treasures, worth about $ 82 billion-more than 2 % of the maximum supply of bitcoin of 21 million.

Related to: Metaplanet Tips the first operating profit in 7 years, supported by Bitcoin

Earlier this month, Metaplanet also bought 150 Bitcoin, cutting its goal of collecting 21000 BTC by 2026. In the beginning of March, the company’s share jumped by 19 % in less than one day to show off 44 million dollars to add Bitcoin to its treasures.

Also, this month, metaplanet began to explore a possible list of the United States as the company acquired another 156 BTC. Jerovich said at that time:

“We are thinking about the best way to make Metaplanet shares easier for investors all over the world.”

An increased effect company

Metaplanet also creates strong friendships in the American political scene. Earlier in March, the company appointed the son of US President Donald Trump to the newly established strategic councils for more Metaplanet mission to become a “global pioneer in Bitcoin’s economy”. The representatives of the company said at that time:

“Eric Trump brings a wealth of real estate experience, finance, brand development and strategic business growth and has become a pioneering voice and an invitation to adopt digital assets around the world.”

magazine: Bitcoin ATH sooner than expected? XRP may decrease 40 %, and more: Hodler’s Digest, 23-29 March

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