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News Explorer — Japanese Firm Metaplanet Issues More Debt to Buy Bitcoin

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Mar 31, 6:56 pm
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Japanese Firm Metaplanet Issues More Debt to Buy Bitcoin

Metaplanet, Japan's largest Bitcoin treasury company, has issued additional debt to purchase more cryptocurrency, following the strategy of MicroStrategy. The firm recently issued a two billion yen zero-coupon bond to fund Bitcoin acquisitions, aiming to increase its holdings to 21,000 BTC by 2026.

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