Bonds for Bitcoin: Japanese Company Copies MicroStrategy’s Playbook

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Japanese public company Metaplanet has copied Michael Saylor's debt-for-Bitcoin playbook

, the Virginia-based company announced a gargantuan $768 million Bitcoin purchase that was financed with the help of its latest convertible note offering. Solana Set to Skyrocket to $150 Again, Ethereum Huge Gains Ahead? Massive Reversal Pattern Formed, Shiba Inu Stealth 20% SurgeBefore pivoting to Web3 consulting, it was known as a struggling operator of low-budget hotels. The shares of the publicly listed company surged after it made the largest cryptocurrency its primary reserve asset.

In March, the Bank of Japan implemented the first rate hike in 17 years, ending a long streak of negative interest rates. However, it ruled out aggressive monetary policy tightening. After the stock market bubble burst in Japan in the early 1990s, the country entered a long period of ultralow interest rates, economic stagnation, and even deflation.

Solana Set to Skyrocket to $150 Again, Ethereum Huge Gains Ahead? Massive Reversal Pattern Formed, Shiba Inu Stealth 20% Surge Zoomex Unveils Revolutionary Whale Affiliate Program: Setting a New Standard in Crypto Affiliate OpportunitiesSolana Set to Skyrocket to $150 Again, Ethereum Huge Gains Ahead? Massive Reversal Pattern Formed, Shiba Inu Stealth 20% Surge

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 295. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Japanese Company Plans to Build a Tower Into Space by 2050The Best in Science News and Amazing Breakthroughs
Källa: ScienceAlert - 🏆 63. / 68 Läs mer »