Metaplanet issues a zero-yen coupon obligation to buy more BTC

The Japanese hotel company Metaplanet (3350) issued an ordinary deposit of 2 billion yen ($ 13.3 million) to zero coupon, with the product allocated to additional Bitcoin purchases (BTC). The deposit should buy on September 30.

In addition, Metaplanet was added to the Betashares Crypto Innovators ETF (CRYP), a fund with more than $ 50 billion in management as management, according to CEO Simon Gerovich.

Metaplanet holds the most important weighting in the FNB with 15.5%, going beyond the notable names in the industry such as the strategy (MSTR) and Coinbase (Coin), which take second and third places respectively.

ETF is negotiated on Australian Securities Exchange (ASX) and offers investors an exhibition to companies operating at the forefront of the crypto and blockchain sectors. While CRYP ETF is down 23% for the start of the year.

Metaplanet is currently classified as the tenth public holder of Bitcoin, with a treasure of 3,200 BTC.

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