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coinpedia 2024-11-18 04:50:22

Metaplanet Doubles Down on Bitcoin With ¥1.75 Billion Bond Issuance

The post Metaplanet Doubles Down on Bitcoin With ¥1.75 Billion Bond Issuance appeared first on Coinpedia Fintech News Metaplanet, a bold player in Japan’s investment scene, is making waves. With 1,018 Bitcoin worth $92.18 million, it’s now Asia’s second-largest corporate Bitcoin holder. That’s 0.005% of the total Bitcoin supply—pretty impressive. But why put so much into such a volatile asset? The answer lies in Japan’s economic troubles. A weakening yen, sky-high government debt, …