Metaplanet and K33 Boost Bitcoin Presence Through Strategic Measures

Japan-based Metaplanet issued $21 million in zero-coupon bonds to the Evo Fund as part of its strategic plan to reach its Bitcoin acquisition goals, with a larger goal of amassing 10,000 BTC by 2025. The company currently holds about 7,800 BTC, worth an estimated $840 million.

Meanwhile, Oslo-based K33 has announced plans to hold Bitcoin on its balance sheet after raising 60 million SEK ($6.22 million). The firm intends to buy Bitcoin with 100% of the funds raised, potentially acquiring up to 57 BTC. K33 is also partnering with other Nordic Bitcoin treasury firms to create Bitcoin-based services, including collateralized lending.