Back To Top

March 12, 2025

Metaplanet Acquires 162 Bitcoin for 13.5 Million Dollars, Issues New Bonds

In a bold move signaling its commitment to cryptocurrency, Metaplanet purchased 162 Bitcoin for a staggering 13.5 million dollars. To finance this acquisition, the company has also issued zero-coupon bonds. This strategic shift represents a significant transformation for Metaplanet, which is evolving from a traditional budget hotel operator to a major corporate player in Bitcoin holdings. Such investments potentially position Metaplanet for long-term profitability as it immerses itself further into the evolving cryptocurrency space. Investors and industry watchers alike will be keen to see how this move impacts its market presence.

Prev Post

UBS Warns of Ongoing CTA Selling Pressure on Equities

Next Post

Europe Fights Back Against Trump’s 25 Percent Tariffs on Steel…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment