Tokyo-Listed Metaplanet Issues ¥1.0 Billion Bond to Buy Bitcoin for Treasury
Dubbed 'Asia's MicroStrategy', Tokyo-listed Metaplanet adopts Bitcoin as its primary strategic treasury reserve asset to hedge against Japanese Yen depreciation.
How Much Bitcoin
$6,500,000 (117 BTC
BTC Price Then
$62,901
Price Change
+53%
Location
Japan
Frequently Asked Questions
Who is adopting Bitcoin in "Tokyo-Listed Metaplanet Issues ¥1.0 Billion Bond to Buy Bitcoin for Treasury"?
Metaplanet (Company) is the entity adopting or allocating into Bitcoin in Japan.
What type of entity is Metaplanet?
Metaplanet is classified as a Company in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$6,500,000 (117 BTC acquired directly as spot Bitcoin.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $62,901 per BTC (a +53% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Mon, May 13, 2024.
Where is this Bitcoin adoption taking place?
This adoption is attributed to Japan.
What is the source of this Bitcoin adoption story?
Originally reported by Metaplanet IR and indexed from the original report.
Originally reported by Metaplanet IR
Read the original report