Metaplanet & K33 Boost Bitcoin Holdings via Strategic Funding

Metaplanet and K33 are bolstering their Bitcoin investment strategies, utilizing strategic funding initiatives to accelerate their Bitcoin acquisition goals. Japan-based Metaplanet recently issued $21 million in interest-free bonds to the Evo Fund on May 29th, marking a significant boost to its already impressive Bitcoin holdings. The move follows a separate $50 million fundraising round earlier that week. This bond issuance comes as part of Metaplanet’s ambitious plan to amass 10,000 BTC by the end of 2025. The company has already raised $135.2 million this year, expanding its Bitcoin holdings through a series of successful funding rounds in February, March and May. K33, based in Oslo, Norway, is joining the growing corporate interest in Bitcoin. On May 28th, K33 secured $6.22 million to directly invest in Bitcoin. This investment will be used to purchase up to 57 BTC at current market prices, according to their announcement. The Norwegian firm has outlined plans to use these funds to explore new Bitcoin-based services and create a platform for collateralized lending. K33’s commitment to Bitcoin reflects a wider trend among corporations seeking to increase their exposure in the digital asset space.