In an unconventional and unprecedented move on the Japanese scene, Metaplanet has taken a bold investment path focused on aggressively accumulating Bitcoin. 🪙 Recently, the company purchased 1,112 Bitcoins worth approximately $117 million, raising its total holdings to 10,000 Bitcoins, valued at about $947 million.
⚠️ Notably, the company did not rely solely on its own liquidity but issued zero-coupon bonds worth $210 million to finance further purchases. This move has sparked widespread debate among those who see it as investment savvy in the world of digital currencies and those who consider it a risky venture that could backfire if Bitcoin's value declines.
🎯 Metaplanet aims to own 100,000 Bitcoins by the end of 2026 and 210,000 Bitcoins by the end of 2027, which equates to about 1% of the total global supply of the digital currency. This percentage represents a massive digital power that qualifies the company to become a key player in the global crypto market.
📈 As for Metaplanet's stock performance, it has seen a jump of over 8,850% since the start of the accumulation policy, reflecting investor confidence in the company's direction.
🔍 Some liken this strategy to what the American company MicroStrategy is doing, raising fundamental questions: Are we witnessing a revolution in institutional finance or just an inflated bubble? 🧠
Without a doubt, the success or failure of this vision will be recorded in the financial history books as an exceptional model of linking debt to digital currencies.