Metaplanet Bitcoin Investment Secures ¥4 Billion in Zero-Interest Bonds

Quick Summary:

The company first planned to use this money to buy more Bitcoin but later decided to use it for bond repayments.

The company believes Bitcoin is valuable because it has a limited supply and isn’t controlled by any government.

Their growing Bitcoin reserves have also attracted more investors, with their shareholder count increasing by 500% to 50,000 in 2024.

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Article Details

Author / Journalist: Zafar Naik

Category: Crypto

Markets: United StatesJapan

Topics: News Fintech Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 07:29:30 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 594 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 26114044

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

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Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

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Publisher ID: #112

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