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Omkar Godbole Omkar Godbole

Metaplanet Follows MSTR’s Lead, Announces Debt Sale for Additional Bitcoin (BTC) Purchases

Metaplanet started buying BTC in April this year as a hedge against Japan’s debt issues and volatility in the yen. Since then, it has accumulated 1,018 BTC worth $92.33 million, according to data source Bitcoin Treasuries. The company has also used options strategies to boost its holdings.

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Omkar Godbole

https://www.coindesk.com/business/2024/11/18/metaplanet-follows-mstrs-lead-announces-113m-debt-sale-for-additional-bitcoin-purchases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-11-18 06:28:47

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