Metaplanet plans a ¥1 billion bond sale to invest in Bitcoin amidst a volatile market. Would this impact price
Analysis of Bitcoin’s market fundamentals suggested limited impact on overall price.price, affecting the broader cryptocurrency market, Japanese firm Metaplanet is doubling down on its Bitcoin strategy.
This signaled a strong commitment to integrating cryptocurrency into its asset management strategy. Part of Metaplanet’s notice read, This makes them exempt from market value taxation at fiscal year-end. In contrast, other Bitcoin assets will be regularly assessed at market value each quarter, with any gains or losses impacting non-operating financial results.
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