Metaplanet’s Wild Bitcoin Bond Adventure: You Won’t Believe What Happens Next!

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So, here we go again! Japanese financial firm Metaplanet is gearing up to snag another pile of Bitcoin. Yes, you heard that right! They’re planning to raise a whopping $50 million through these zero-interest bonds. I mean, who needs interest, right? 😂

Now, let’s break this down. They’re looking to buy Bitcoin at a price of BTC $96,611. And get this, the 24-hour volatility is just a casual 2.1%. Market cap? Oh, just a cool $1.92 T. And the volume in the last 24 hours? A mere $29.09 B. No big deal!

Terms of Metaplanet’s Latest Bond Issuance

So, they announced this private bond placement on May 28. The bonds are in denominations of $1.25 million, and guess what? No interest! Investors won’t see regular payments, but hey, maybe they’ll get lucky with the redemption value. Evo Fund is the sole bondholder. Lucky them! 🎉

The 16th Series of Ordinary Bond matures on November 27, 2025. Mark your calendars, folks!

And let’s not forget, this isn’t their first rodeo with Evo Fund. They’ve been best buddies in the Bitcoin acquisition game. Evo Fund keeps subscribing to these zero-interest bonds like it’s going out of style. Talk about commitment!

Now, these bonds are unsecured and not guaranteed. No administrator, no collateral. It’s like a trust fall exercise, but with money! 🤔 This shows a high level of trust between Metaplanet and Evo Fund. Or maybe they just really like each other?

Metaplanet Acquires 1,004 BTC

In their last Bitcoin shopping spree, they picked up 1,004 BTC for a staggering $104.6 million. At that time, Bitcoin was chilling around $106,000. Now, they’ve got a total of 7,800 BTC, valued at over $848 million. And the current BTC price? A jaw-dropping $108,799.18, even after a tiny 0.79% dip. What a rollercoaster! 🎢

Metaplanet is diversifying its fund amidst the economic chaos in the region. Institutional investors are eyeing them like hawks for a secure Bitcoin fix. They’ve climbed to the top as Asia’s biggest corporate Bitcoin holder and sit pretty at 10th globally. Not too shabby!

With this kind of momentum, Metaplanet’s shares are on the rise. And let’s not forget their record of over 100% Bitcoin yield. They’re really making it work!

Metaplanet is all in on this Bitcoin strategy. They see it as a better alternative to the yen devaluation and a long-term hedge against global market crises. Smart move, right?

Metaplanet Is Not Alone In BTC Pursuit

But wait, there’s more! Other firms like Strategy are also in the Bitcoin game. They’ve got a stronger accumulation model, with a staggering 580,250 BTC in their pocket. And they’re not stopping there!

Recently, they added another 4,020 BTC to their stash for about $427.1 million. Each BTC cost them an average of $106,237. This year alone, they’ve reported a Bitcoin yield of 16.8%. Talk about a winning strategy! 💰

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2025-05-28 17:29