Metaplanet Accelerates Bitcoin Accumulation: The Rise of Asia's 'MicroStrategy'!!!
The Japanese investment company Metaplanet is raising funds by issuing zero-interest bonds to accelerate its Bitcoin accumulation, planning to hold 21,000 Bitcoins by 2026. Currently, it holds 5,000 Bitcoins, achieving half of its Bitcoin reserve target. The company is referred to as 'Asia's MicroStrategy' and is committed to promoting the adoption of Bitcoin in Japan.
However, the rapid accumulation of Bitcoin through bond financing, while aggressive, also comes with risks. If the market fluctuates, it may face pressure on its cash flow.
