BREAKING
316d 3h ago

Metaplanet Inc. to Invest ¥2 Billion in Bitcoin with New Zero-Coupon Bond Offering

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On March 31st, COINOTAG News reported that Metaplanet Inc., a publicly traded firm in Japan, has revealed plans to issue a ¥2 billion zero-coupon bond. This strategic move is aimed at acquiring Bitcoin, further emphasizing the growing trend of corporate interest in cryptocurrency investments. The decision reflects a calculated approach to leverage bonds for digital asset procurement, showcasing an innovative financial strategy within the increasingly competitive landscape of crypto finance. Metaplanet’s venture into the realm of Bitcoin acquisition through bond issuance is indicative of a broader shift among corporations seeking exposure to cryptocurrency as a viable asset class. As the market evolves, such initiatives highlight the integral role that traditional financing methods play in bridging the gap between conventional investment and blockchain technology.

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