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@ tzongocu
2025-05-28 10:32:09
📰 News Alert...
🔖 Title: Metaplanet Issues $50M in Zero-Interest Bonds to Expand Bitcoin Holdings
🗓️ Published: 2025-05-28T13:32:04+03:00
📄 Summary: Japanese investment firm Metaplanet is raising $50 million through a private placement of zero-interest bonds to boost its Bitcoin acquisition strategy. The bonds, issued in denominations of $1.25 million and held solely by the Cayman Islands-based Evo Fund, reflect a high degree of trust between the two entities. Despite concerns regarding unsecured bonds, Metaplanet's move is a testament to the growing trend of companies seeking alternatives to fiat currencies in their treasury strategies. Following a significant purchase of over $100 million in Bitcoin, Metaplanet's total holdings now stand at 7,800 BTC.
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https://cointelegraph.com/news/metaplanet-raises-50m-zero-interest-bonds-bitcoin-purchase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Ezra Reguerra
💓 #BitcoinStrategy #InvestmentNews #CryptoMarket