Bitcoin Is The Plan: Metaplanet’s $210-M Bond Issuance Sends Strong Signal
Metaplanet, a Tokyo‑listed company often called Japan’s ‘Strategy,’ has just raised $210 million in zero‑interest bonds to add more Bitcoin to its treasury. The board signed off on the 18th series of ordinary bonds on Monday. Related Reading: Crypto Just Got Pricier In Brazil: 17.5% Tax Kicks In Those notes, bought only by the Cayman Islands […]
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European exchange WhiteBIT signed a three-year deal with Italian football giant Juventus to become the club’s Official Cryptocurrency Exchange Partner, aiming to increase fan interaction and support commercial and community goals. Related Reading: Bitcoin Is The Plan: Metaplanet’s $210-M Bond Issuance Sends Strong Signal WhiteBIT Goes Fino Alla Fine On Monday, Italian football giant Juventus […]
The Commonwealth Bank of Australia (CBA) has announced the issuance of a ‘cryptobond’ for the Queensland Treasury Corporation (QTC), with the claim as the first blockchain bond issuance by a government entity in Australia or anywhere the world. The Australian banking giant has further claimed that the Queensland Treasury Corporation – the state government’s central financing authority – has already used its permissioned private blockchain platform to generate a bond tender, see instant settlements with investors after viewing their bids in real time while finalizing investment allocation.....
Bitcoin (BTC) treasury firm Metaplanet is now valued less than the total amount of BTC it holds on its balance sheet. Metaplanet’s analytics dashboard shows that the firm’s market-to-Bitcoin Net Asset Value (mNAV) ratio recently tumbled below 1. Metaplanet’s Valuation Tumbles Below Its Bitcoin Holdings According to data from Metaplanet’s analytics dashboard, the Japanese investment […]
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said:"Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones offered through Porter Finance. This is primarily due to the competitiveness of rates offered in traditional finance and the....
The first country to adopt bitcoin as legal tender aims to raise $1 billion through bond issuance to purchase BTC and invest in infrastructure.