You’ll Never Guess What Metaplanet Is Doing With $13M!

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What to know:

  • Metaplanet has managed to snag the highest weighting in the colossal $50 billion AUM BetaShares ETF. Fancy!
  • They threw a $13 million zero-coupon bond into the mix just so they could feast on more bitcoin. Because why not?
  • With a mighty 3,200 BTC in their pocket, they now grace the title of the 10th largest public bitcoin hoarder. A true Bitcoin collector’s item!

So, gather ’round, everyone! The illustrious Japanese hotel firm, Metaplanet (3350 for those playing along at home), just decided that bonds are the new black—or, in this case, a chic $13.3 million zero-coupon bond! The funds? All for indulging in more bitcoin (BTC) purchases. Mark your calendars; this bond will redeem on Sept. 30. 🗓️

In a twist of fate so fitting for a soap opera, our dear Metaplanet joins the glamorous BetaShares Crypto Innovators ETF (CRYP). This fund, with over a whopping $50 billion AUM, is basically crypto royalty. 👑

Alright, hold onto your hats! Metaplanet’s now rocking the largest weighting in the ETF at an eye-popping 15.5%, dancing over competitors like Strategy (MSTR) and Coinbase (COIN), who are mere backup dancers in this crypto cabaret. 💃

This superstar ETF struts its stuff on the Australian Securities Exchange (ASX), giving investors a peek into the dazzling world of crypto and blockchain. However, just a little heads up—this CRYP ETF’s down 23% year-to-date, so maybe keep those glittery hats on until it sorts itself out.

And there you have it! Metaplanet is now the 10th largest publicly listed bitcoin aficionado with a treasure chest brimming with 3,200 BTC. Keep calm and hodl on, my friends!

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2025-03-31 17:04