BREAKING
222d 1h ago

Metaplanet Inc. to Boost Bitcoin Holdings with 30 Billion Yen Zero-Coupon Bond Issuance

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

Metaplanet Inc., a publicly traded Japanese firm, has declared plans to issue a 30 billion yen zero-coupon bond aimed at expanding its Bitcoin portfolio. This strategic financial move underscores the company’s commitment to increasing its exposure to digital assets amid growing institutional interest in cryptocurrency investments. The zero-coupon bond issuance will provide Metaplanet with capital without immediate interest payments, optimizing cash flow management while positioning the firm to capitalize on Bitcoin’s long-term value proposition. Market analysts view this development as a significant indicator of mainstream adoption of crypto assets by established corporations in Japan, reflecting a broader trend of integrating blockchain-based assets into traditional financial frameworks. Investors and stakeholders should monitor the implications of this bond issuance on Metaplanet’s balance sheet and its potential impact on the cryptocurrency market.

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