Metaplanet Boosts Bitcoin Holdings with ¥3.8B Investment

Metaplanet Inc., a prominent Japanese company, has significantly bolstered its Bitcoin holdings by acquiring an additional ¥3.8 billion (roughly $25 million USD) worth of the cryptocurrency. This latest acquisition brings Metaplanet’s total Bitcoin reserves to 4,525 BTC. The investment was funded through a combination of stock warrants and zero-coupon bond issuances, demonstrating Metaplanet’s commitment to a Bitcoin-centric treasury strategy.