{"id":599922,"date":"2024-11-18T16:27:34","date_gmt":"2024-11-18T16:27:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=599922"},"modified":"2024-11-18T16:27:34","modified_gmt":"2024-11-18T16:27:34","slug":"metaplanet-to-issue-11-3-million-in-bonds-to-boost-bitcoin-reserves-echoing-microstrategy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/metaplanet-to-issue-11-3-million-in-bonds-to-boost-bitcoin-reserves-echoing-microstrategy","title":{"rendered":"Metaplanet To Issue $11.3 Million In Bonds To Boost Bitcoin Reserves, Echoing MicroStrategy"},"content":{"rendered":"

Metaplanet Inc., often called Japan’s MicroStrategy, has announced the issuance of one-year bonds worth 1.75 billion yen ($11.3 million) to fund further Bitcoin purchases.<\/p>\n

The move marked the latest in a series of aggressive steps by the company to buy Bitcoin. The Tokyo Stock Exchange-listed company, led by CEO Simon Gerovich, has been actively expanding its BTC holdings, reflecting its bullish outlook on the king of cryptos.<\/span><\/p>\n

The bonds will mature on November 17, 2025.<\/span><\/p>\n

\n

More #bitcoin<\/a> purchases incoming https:\/\/t.co\/3N4Z364Pkt<\/a><\/p>\n

— Simon Gerovich (@gerovich) November 18, 2024<\/a><\/p><\/blockquote>\n