Metaplanet Issues Bonds to Buy Bitcoin, Acquires $21 Million in New Treasury

Japanese investment firm Metaplanet is expanding its Bitcoin holdings by issuing a new bond worth $21.25 million. The funds will be allocated entirely to purchasing additional Bitcoin for the company’s treasury. Cointelegraph reports that this latest bond issuance comes after Metaplanet bought 555 Bitcoin on May 7th, bringing its total holdings to 5,555 BTC. This move marks a significant step in Metaplanet’s aggressive Bitcoin acquisition strategy.