Japanese investment firm Metaplanet has taken a significant step in its Bitcoin acquisition strategy by issuing zero-interest bonds worth 3.6 billion yen, approximately $24.7 million. The company confirmed that this latest bond round, its twelfth to date, will be used exclusively to expand its Bitcoin holdings through its EVO FUND.
The company states that investors can claim full face value from their bonds within the redemption period ending on October 31, 2025. Metaplanet started its Bitcoin-focused strategy in April 2024 and now possesses 5,000 BTC valued at approximately $484 million.
The company currently possesses half the bitcoin it aims to acquire ahead of its year-end target of 10,000 BTC.
Through its aggressive Bitcoin acquisition approach, Metaplanet has established itself as one of the top ten publicly known corporations holding Bitcoin assets, along with Tesla and MicroStrategy.
The quick ascent of Bitcoin accumulation is receiving increasing interest from institutional bodies and retail investors.
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