
Japan-based investment advisor Metaplanet has announced plans to issue ¥1 billion ($6.26 million) in bonds to purchase more Bitcoin. The company's directors have approved the Bitcoin acquisition plan, leading to a significant increase in its stock price, which is up nearly 500% year-to-date. Metaplanet aims to increase its Bitcoin holdings to $15 million, reflecting a strong commitment to cryptocurrency investments. The announcement has already resulted in a 12% rise in Metaplanet's shares.

Japan-based investment advisor Metaplanet wants to add another $6 million worth of $BTC to its existing holding. https://t.co/Uo60AqhpD8
[FINANCE FEEDS] Metaplanet to increase #Bitcoin holdings to $15 million
.@Metaplanet_JP Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD — #bitcoin #bitcoinholdings https://t.co/yLkx8Lqpjt