Metaplanet, a Japanese company, is buying more Bitcoin! They raised $13.6 million by selling special bonds to get the money. This is part of their plan to own lots of Bitcoin. It's like saving up Bitcoin for later.
- Metaplanet bought more Bitcoin to add to its collection.
- They sold bonds (like an IOU) to get the money for Bitcoin.
- The bonds don't earn interest, but they'll be paid back later.
- Even though they bought Bitcoin, the price of Bitcoin has gone down recently, and so has the value of Metaplanet’s stock.
Fact | Number |
---|---|
Money raised | $13.6 million |
Bitcoin bought (recent) | 135 |
Metaplanet's share price change | Down about 25% |