We have a Japanese public company, Metaplanet. issued Zero-income bonds worth 2 billion yen ($13.3 million) are zero-income bonds worth 2 billion yen ($13.3 million) to fund future Bitcoin purchases, according to a announcement Monday.
CEO Simon Gerovich has it I said The company “buys dip.”
Today, Bitcoin prices slipped to an intraday low of $81,362.
As reported by U.Today, Metaplanet announced its latest purchase of 150 BTC on March 24th.
Metaplanet is now appearing as the owner of Bitcoin’s top Asia, surpassing Chinese game developers Boyaa Interactive and Mining Firm Cango. After purchasing the latest Bitcoin, the company has held $267 million worth of Bitcoin. This impressive sum places it on Semler Scientific, a US-based mining company.
Metaplanet stocks fell 8.03% despite the announcement. Japan’s Nikkei fell 4%, reaching its lowest level in nearly eight months amid growing tensions in global trade.