$BTC

Metaplanet flips El Salvador in Bitcoin holdings.

• Buys 1,241 BTC for $126M

• Now holds 6,796 BTC

• Issued $46M in zero-coupon bonds in two days to fund the buys

• Targets 10K BTC by 2025, 21K by 2026

Like Strategy, Metaplanet is using debt to build its BTC treasury.