Metaplanet Doubles Down on Bitcoin: Secures $24.7M for Major Investment

Japanese publicly listed company Metaplanet has announced a substantial investment in Bitcoin, signaling continued confidence from institutional investors. By issuing zero-percent ordinary bonds worth $24.7 million, Metaplanet will acquire additional bitcoin holdings to significantly expand its existing portfolio. This move follows the company’s previous successful ventures with Bitcoin acquisitions and marks a strategic shift towards incorporating Bitcoin as a core asset within its treasury.