Metaplanet Bets Big on Bitcoin: Issues $10 Million Zero-Coupon Bonds

Japanese investment firm Metaplanet has taken a bold step, issuing $10 million worth of zero-coupon bonds to directly purchase more Bitcoin. This innovative move signifies a growing trend of companies strategically incorporating crypto into their financial strategies. 0% coupon bonds are debt securities that don’t accrue interest but are sold at a discount and redeemed at face value at maturity. By offering these bonds with no interest payments, Metaplanet essentially borrows money for free, betting on Bitcoin’s future price growth to surpass the bond cost.