Metaplanet Acquires 1,005 Bitcoin and Issues $208 Million Bonds

Metaplanet has acquired 1,005 BTC, increasing its total holdings to 13,350 BTC. The Tokyo-listed hotelier plans to issue $208 million in 0% interest ordinary bonds to support its Bitcoin acquisition strategy. Metaplanet is among the top five corporate holders of BTC and recently announced a $515 million equity capital raise. At press time, BTC was trading at $108,250.