Metaplanet emits 2B-yen zero coupon bond to buy more BTC

The Japanese hotel company Metaplanet (3350) has issued a 2 billion yen ($ 13.3 million) zero coupon regular bond, with revenue earmarked for additional Bitcoin (BTC) purchase. The bond is scheduled to redeem on September 30.

In addition, Metaplanet is added to Betashares Crypto Innovators ETF (CRYP), a fund of over $ 50 billion in assets under management, according to CEO Simon Gerovich.

Metaplanet has the largest weighting in ETF of 15.5%and exceeds remarkable industrial names such as strategy (Mstr) and Coinbase (Coin), which takes the second and third locations respectively.

ETF is traded on the Australian Securities Exchange (ASX) and offers investors exposing to companies operating at the forefront of the crypto and blockchain sectors. While the encrypt ETF is down 23% year to date.

The metaplan is currently ranked as the tenth largest listed proprietor of Bitcoin with a treasury of 3,200 BTC.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s Full AI policy.

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