#MetaplanetBTCPurchase Metaplanet will issue bonds worth 210 million dollars with zero percent interest to buy bitcoins

The Tokyo-based company Metaplanet has announced plans to issue bonds worth 210 million dollars with zero percent interest as part of its aggressive Bitcoin accumulation strategy. The company intends to use all proceeds to acquire more bitcoins, thereby strengthening its position in the digital assets space.

By offering zero-interest bonds, Metaplanet minimizes borrowing costs while maximizing its ability to increase the amount of bitcoins in its portfolio. This bold move reflects a growing trend among companies to adopt bitcoin as a reserve asset amid concerns about inflation and global economic uncertainty.

Metaplanet is continuously increasing its exposure to bitcoin, and this new bond issuance signals its long-term confidence in the value of bitcoin.

📊 Many now view Metaplanet as the Asian version of MicroStrategy, following a similar bitcoin accumulation strategy.

Is Metaplanet becoming the Asian MicroStrategy?