- Metaplanet raises $50 million through bonds to buy more Bitcoin.
- The company holds 7,800 BTC after recent $104 million Bitcoin purchase.
- Metaplanet aims to reach 10,000 Bitcoin by end of 2025.
Metaplanet, a Japanese investment firm, has taken another big step in the world of Bitcoin. Recently, it raised $50 million by issuing its largest set of 0% ordinary bonds to buy more Bitcoin. EVO FUND was selected to purchase these bonds. However, it is the biggest one so far. However, it is the biggest one so far. This demonstrates that the company is fully dedicated to broadening its financial base.
Metaplanet Aims for 10,000 Bitcoin by End of 2025
Metaplanet has predictably issued bonds. As a result, every time, it has used the money to buy additional Bitcoin. The company stated that the funds would be used to acquire more Bitcoin. On the 19th of May in 2025, Metaplanet acquired 1,004 BTC. At purchase, the fair market value for the ship was assumed to be $104.3 million. So, the company now holds 7,800 BTC.
In addition, the assets held in these Bitcoin addresses are worth more than $806 million at this time. A cost like this is huge for any business. It demonstrates that Metaplanet believes strongly in what lies ahead for digital assets. The firm sees Bitcoin as a central element in its long-term approach.
In addition, the platform provides statistics on how it manages its Bitcoin assets. Between those dates, Bitcoin investments by the company earned a return of 95.6%. The market return for the second quarter, ending May 19, was 47.8%. As a result of these figures, it is clear that the company owns Bitcoin and is profiting a lot from it.
Because of this accomplishment, Metaplanet has chosen a bigger target for the future. Simon Gerovich, the company’s CEO, has stated that by the end of 2025, they plan to own 10,000 BTC. With the latest deal, the company has reached 78% of the intended total. As a result, Metaplanet owns a large amount of Bitcoin among corporations in Asia.
Metaplanet Grows Fast in Bitcoin Market
The company is increasing its crypto assets as well as growing around the world. In the past month, Metaplanet announced the launch of a new subsidiary in the United States. They have named the new branch Metaplanet Treasury Corp. Miami, Florida, will become the home of the company. The board of the company voted in favor, and it is included in the company’s global strategy. With this step, the business hopes to reinforce its position abroad.
On top of that, this movement will provide more options for Metaplanet to buy digital assets. It will back its role as the key influencer in Bitcoin. As a result of expansion, successful ventures, and bold financial moves, Metaplanet is quickly growing in the crypto world.
Overall, the recent $50 million bond raised shows how strongly Metaplanet is committed to Bitcoin. With its approach to digital assets and involvement in new markets, the company is demonstrating to others how to succeed. If things continue on this path, Metaplanet may soon be seen as among the largest Bitcoin-holding companies globally.
The post Metaplanet Raises $50M via Bond Sale to Buy More Bitcoin appeared first on Live Bitcoin News.
Source link
