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Market Cap
24h Vol
11975
Cryptocurrencies
54.28%
Bitcoin Share
Coin Edition 2024-12-18 06:17:52

MetaPlanet Launches Bitcoin Treasury Operations, Issues New Bonds to Fuel BTC Purchases

MetaPlanet Launches Bitcoin Treasury Operations, Issues New Bonds to Fuel BTC Purchases

MetaPlanet adds Bitcoin treasury operations to strengthen its financial strategy. Bitcoin purchases increase as yen weakens, with a focus on capital-raising tools. MetaPlanet issues $30M in bonds to fund Bitcoin acquisition and growth. Japanese investment firm MetaPlanet has started a new business venture focused on Bitcoin financial management. The company announced on December 18, 2024, that it is making Bitcoin a core part of its operations, formally establishing a Bitcoin treasury function. This move fits with MetaPlanet’s plan to use Bitcoin instead of the yen. *Metaplanet Adds Bitcoin Treasury Operations as Official New Business Line* pic.twitter.com/T0pfW9PPMV — Metaplanet Inc. (@Metaplanet_JP) December 18, 2024 However, MetaPlanet’s Board of Directors decided to make Bitcoin treasury operations a new business line, showing the company’s changing financial strategy. This decision comes after steps like its resolution to purchase Bitcoin for treasury management. In line with this approach, MetaPlanet’s leadership has set a “Bitcoin First, Bitcoin Only” policy, prioritizing Bitcoin accumulation. This policy uses capital-raising … The post MetaPlanet Launches Bitcoin Treasury Operations, Issues New Bonds to Fuel BTC Purchases appeared first on Coin Edition .

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Market Cap
24h Vol
54.28%
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332
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