{"id":14601,"date":"2024-06-24T09:54:15","date_gmt":"2024-06-24T06:54:15","guid":{"rendered":"https:\/\/forklog.com\/en\/japanese-firm-metaplanet-to-raise-6-3-million-for-bitcoin-acquisition\/"},"modified":"2024-06-24T09:54:15","modified_gmt":"2024-06-24T06:54:15","slug":"japanese-firm-metaplanet-to-raise-6-3-million-for-bitcoin-acquisition","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/japanese-firm-metaplanet-to-raise-6-3-million-for-bitcoin-acquisition\/","title":{"rendered":"Japanese Firm Metaplanet to Raise $6.3 Million for Bitcoin Acquisition"},"content":{"rendered":"<p>The publicly traded company Metaplanet <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/33500\/be5f5cac\/3cbe\/445b\/9890\/15ba01b5994d\/140120240620533309.pdf\">announced<\/a> its intention to issue unsecured bonds worth 1 billion yen ($6.26 million) to purchase digital gold.<\/p>\n<p>The interest rate on these securities <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/33500\/f32937b7\/0b20\/4e90\/b619\/4f9352c1bbbf\/140120240620533311.pdf\">will be<\/a> 0.5%. The bond&#8217;s maturity and coupon payment period is set for one year.<\/p>\n<p>The market reacted positively to the company&#8217;s plans. Metaplanet&#8217;s shares rose by 9.2%, according to <a href=\"https:\/\/finance.yahoo.com\/quote\/3350.T\/\">Finance.Yahoo<\/a>.<\/p>\n<p>In June 2024, the organization reported the purchase of 23.351 BTC ($1.58 million), increasing its total holdings in the leading cryptocurrency to 141.07 BTC ($9.54 million).<\/p>\n<p>Earlier in April, Metaplanet <a href=\"https:\/\/forklog.com\/en\/news\/metaplanet-shares-soar-90-following-bitcoin-reserve-acquisition\">announced<\/a> the conversion of treasury funds into digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The publicly traded company Metaplanet announced its intention to issue unsecured bonds worth 1 billion yen ($6.26 million) to purchase digital gold. The interest rate on these securities will be 0.5%. The bond&#8217;s maturity and coupon payment period is set for one year. The market reacted positively to the company&#8217;s plans. Metaplanet&#8217;s shares rose by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1538,135,1211],"class_list":["post-14601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-purchase","tag-japan","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=14601"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/14600"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=14601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=14601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=14601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}