Shocking! Metaplanet's $25 Million Zero-Coupon Bond Financing Behind the Bitcoin Acquisition Frenzy Upgrades Again!
Metaplanet Inc. has just successfully raised $25 million through the issuance of zero-coupon bonds and has invested all of these funds into purchasing Bitcoin, acquiring 555 bitcoins. This transaction has skyrocketed Metaplanet's Bitcoin holdings to 5,555 coins, further solidifying its position as a Bitcoin investment giant.
The total cost of this acquisition was approximately $53.4 million, with the purchase price per Bitcoin at $96,134. Since the beginning of the year, Metaplanet's Bitcoin investments have yielded a return of 136.7%, proving the success of its capital allocation strategy.
Additionally, Metaplanet's stock surged by 13.32% on May 7, as investors showed great interest in its aggressive strategy of increasing Bitcoin holdings. Now, Metaplanet's market capitalization has reached 242.1 billion yen, with a price-to-earnings ratio of 25.86, successfully attracting more capital.
Metaplanet is driving its Bitcoin investment plan with innovative financing methods, and it is bound to become a powerful force in the cryptocurrency market in the future.