Metaplanet, a hotel hotel manager at Japanese hotel opens the Bitcoin Treasury company, fully paid 2 billion yen ($ 13.5 million) worth of bonds earlier on the schedule as it aims to coast its financial position.
Metaplanet conducted an early redemption in the 9th series of ordinary bonds on April 4, more than five months before the date of maturity, the company revealed on April 7th.
The Zero-interest bonds was issued in March by Evo Fund of Metaplanet and used to obtain additional Bitcoin (Btc). Because the bonds carry zero interest, the payment will not have material impact on the company’s fiscal results, it said.
Source: Metaplanet
Metaplanet, which publicly traded in the Tokyo Stock Exchange, became the center of Bitcoin the center of its corporate approach by A series of acquisitions. The company’s Bitcoin balance grew to 4,206 BTCs, putting it on the top 10 holders that were exchanged publicly.
Gettings are part of a broader approach revealed in January that the purchase of metaplanet can be seen Up to 21,000 btc By the end of 2026. At that time, the company said it planned to raise more than $ 700 million to help fund the purchase of Bitcoin.
Related: Metaplanet sharing price increases by 4,800% while company stacks are BTC
CEO comments on bitcoin price action
Metaplanet seemed to embrace Bitcoin’s volatility, adopted a purchase-to-dip mental to get more of the digital asset.
This weekend, metaplanet CEO Simon Gerovich called Bitcoin’s volatility “a natural part of a property that was truly rare, varied, and long-term potential,” according to a translated version of his social media post.
Source: Simon Gerovich
Bitcoin’s price is Under the modified pressure As part of a global sale-off at risk assets derived from US President Donald Trump’s The announcement of “Day Day” Tariff Last week. The BTC price dropped below $ 80,000 on April 7, according to the Cointelegraph Markets Pro.
Bitcoin performance mirrors are more widely denied US stocks, including Benchmark S&P 500 index Lost $ 5 trillion in two trading sessions.
