Metaplanet Issues $13.3 Million Bonds to Boost Bitcoin Holdings

sevval31/03/20251 Mins read60

Metaplanet Issues $13.3 Million Bonds To Boost Bitcoin Holdings

Metaplanet Issues- Metaplanet Makes Strategic Moves to Become Bitcoin Leader in Asia

Metaplanet Issues– Metaplanet, a Japanese firm investing heavily in Bitcoin, has taken a bold step by issuing ¥2 billion ($13.3 million) in zero-interest bonds. This move, announced on March 31, is designed to fuel the company’s Bitcoin acquisition strategy. The funds raised will be allocated through Metaplanet’s Evo Fund, with investors able to redeem their bonds at full face value by September 30.

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CEO Simon Gerovich shared in an X post that the company was seizing the opportunity of Bitcoin’s recent price drop, which had fallen 25% from its all-time high of over $109,000 to around $82,000. Metaplanet, known as Asia’s equivalent to MicroStrategy, is one of the largest corporate holders of Bitcoin. The firm currently holds approximately 3,200 BTC, worth around $1.23 billion, placing it 10th globally, according to BitcoinTreasuries.

Aiming for 21,000 BTC by 2026

Metaplanet’s strategy mirrors that of MicroStrategy, the U.S.-based intelligence firm that became the leading corporate Bitcoin holder with over 500,000 BTC. Earlier this month, Metaplanet acquired 150 BTC, steadily progressing toward its goal of owning 21,000 BTC by 2026. In March, the firm’s stock surged 19% after it invested $44 million to add more Bitcoin to its reserves.

Metaplanet is not only focused on acquiring Bitcoin but also expanding its influence. The company recently appointed Eric Trump, the son of U.S. President Donald Trump, to its newly formed strategic board of advisers. This move further solidifies Metaplanet’s ambition to lead the global Bitcoin economy.

With its growing presence in the U.S. market and its strategic moves in acquiring Bitcoin, Metaplanet’s is positioning itself as a major player in the digital asset space.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

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sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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