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Metaplanet Plans Another $50 Million Bond Sale To Scoop Up More Bitcoin

  • Metaplanet plans to sell another $50 million in bonds to finance further Bitcoin purchases as it aims to expand its crypto treasury.
  • The Tokyo-based investment company is known as 'Asia’s MicroStrategy,' and it is issuing debt to EVO FUND for the 16th time to support its Bitcoin acquisition strategy.
  • Metaplanet started accumulating Bitcoin in April 2024 and aims to reach a total of 10,000 BTC by the end of 2025, positioning itself as Asia’s largest publicly traded Bitcoin holder.
  • Following its recent $100 million Bitcoin purchase, Metaplanet now holds 7,800 BTC valued at over $800 million, with plans for further expansion aligning with the trend set by firms like MicroStrategy in aggressive Bitcoin accumulation.

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