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Metaplanet (3350) Buys Another 555 BTC, Plans to Issue $25M of Bonds to Buy More

  • On May 7, 2025, MetaPlanet Inc., a Tokyo-based Bitcoin-focused company, purchased 555 additional Bitcoins in Japan.
  • MetaPlanet issued $25 million in zero-coupon bonds to EVO FUND on the same day to finance this Bitcoin acquisition.
  • This purchase increased MetaPlanet's holdings to 5,555 Bitcoins, totaling approximately $481.5 million with an average price of $86,672 per Bitcoin.
  • The bonds mature on November 6, 2025, bear no interest, and support MetaPlanet’s strategy to minimize capital costs while expanding Bitcoin exposure.
  • Following the purchase and bond issuance, MetaPlanet’s stock surged between 8.6% to 13.32%, reflecting investor confidence in its aggressive Bitcoin accumulation strategy.
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Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide… broke the news in on Wednesday, May 7, 2025.
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