Metaplanet Invests $13.3 Million for Bitcoin Expansion Amidst Market Volatility

Japanese public company Metaplanet has issued ¥2 billion ($13.3 million) in zero-interest bonds to bolster its Bitcoin holdings, aiming to capitalize on the current market downturn. The move comes as Metaplanet seeks to increase its Bitcoin reserves despite recent volatility in the cryptocurrency market. This investment brings Metaplanet’s total Bitcoin holdings to $267 million, solidifying its position as a leader in Asia for digital asset accumulation.