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News Explorer — Japanese Firm Metaplanet Stock Jumps on Plan to Buy More Bitcoin

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Jun 24, 6:15 pm
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Japanese Firm Metaplanet Stock Jumps on Plan to Buy More Bitcoin

Japanese firm Metaplanet remains committed to Bitcoin despite the recent pullback in its price. The company plans to issue 1 billion yen in ordinary bonds to purchase more Bitcoin, adding to its existing holdings. Metaplanet aims to provide exposure to Bitcoin for Japanese and international investors through its strategy of buying and holding the cryptocurrency.

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