16.06.2025 08:22
Japanese investment firm Metaplanet experienced a significant stock price increase, exceeding 20%, following its announcement of a substantial Bitcoin acquisition and a substantial bond issuance. This latest purchase added 1,112 Bitcoin to their holdings.
This acquisition catapulted Metaplanet's total Bitcoin treasury to an impressive 10,000 BTC. Consequently, the company now holds the seventh-largest Bitcoin treasury among publicly traded entities, surpassing even the cryptocurrency exchange, Coinbase.
The news broke on Monday, confirming Metaplanet's strategic investment in Bitcoin and its bold ambition within the cryptocurrency market. This significant milestone underscores Metaplanet's confidence in Bitcoin's long-term potential and reinforces its position as a major player in the cryptocurrency space. The $210 million bond issuance facilitates further Bitcoin purchases, signaling a commitment to expanding their digital asset holdings. This bold move undoubtedly contributed to the substantial stock price surge.