Metaplanet is taking a strategic financial step by issuing $11.3 million in bonds. This initiative aims to enhance their Bitcoin reserves, similarly to what MicroStrategy has done in the past. By issuing bonds, Metaplanet can acquire more Bitcoin without depleting cash reserves, strategically positioning the company amidst the ongoing bullish trend.
The cryptocurrency market has experienced a notable upswing over the last two weeks. Bitcoin’s impressive climb to $90,000 highlights the rapid growth and significant interest in cryptocurrencies. Metaplanet's decision reflects confidence in Bitcoin's potential and future market value, indicating a strong commitment to digital asset accumulation during favorable market conditions.
Источник: insidebitcoins.com ↗
