Metaplanet Expands Bitcoin Holdings: 1 Billion Yen Investment in Bitcoin Amid Yen Volatility

Japan’s financial landscape is facing challenges, prompting Metaplanet, a publicly traded company, to turn to Bitcoin. Metaplanet’s board has approved a significant investment of 1 billion yen (approximately USD 6.26 million) in Bitcoin, funded by proceeds from its second issuance of ordinary bonds, which carry an annual interest rate of 0.5% and mature in June … source: https://coinpedia.org/news/metaplanet-expands-bitcoin-holdings-1-billion-yen-investment-in-bitcoin-amid-yen-volatility/