Metaplanet Doubles Down on Bitcoin with $25 Million Investment

Metaplanet Inc.’s recent move to acquire 555 Bitcoin has solidified its commitment to a strategic investment in cryptocurrencies. The company, now holding a total of 5,555 BTC, secured this significant purchase through a $25 million bond issuance from EVO FUND and the addition of David Bailey to their advisory board, highlighting its focus on blockchain technology. This acquisition aligns with growing trends among corporations looking to incorporate cryptocurrency into their financial strategies, as evidenced by Metaplanet’s stock price surge following the announcement (13.32% increase in Tokyo). 555 Bitcoin is a substantial investment for the company, driven by its long-term vision of holding 10,000 BTC by 2025. The move signals increased confidence in cryptocurrency as a viable asset class and opens doors for further institutional blockchain adoption, particularly in Asia where Metaplanet plays a significant role.