Bitcoin

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<ul class="wp-block-list">
 <li><strong>Metaplanet invests $12 million in Bitcoin to protect against Japan’s economic instability.</strong></li>
 <li><strong>The company adopts a debt financed Bitcoin strategy, inspired by MicroStrategy</strong>.</li>
</ul>
<p>Metaplanet, a Japanese public company, is boldly increasing its Bitcoin holdings through a ¥1.75 billion (roughly $12 million) bond issuance. Becoming Asia’s second-largest corporate holder of Bitcoin and using this strategy to deal with economic challenges.</p>
<p><a href="https://x.com/Metaplanet_JP/status/1858352792647225371" target="_blank" rel="noopener noreferrer nofollow">Metaplanet</a> currently owns 1,018 BTC, worth about $92.18 million, making up 19% of the company’s market value. Since April 2024, Bitcoin has been Metaplanet’s main treasury reserve. The company started with an initial purchase of 117.7 BTC for $7.19 million, followed by further acquisitions funded by loans. Including $6.8 million from MMXX Ventures and a $10 million investment in October for 156 BTC.</p>
<p>This steady accumulation has led the company to surpass Canaan, a leading Bitcoin mining machine manufacturer.</p>
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   <p lang="en" dir="ltr">*Metaplanet Issues ¥1.75 Billion in 1-year 0.36% Bonds, Proceeds to Fund Additional Purchases of <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>* <a href="https://t.co/Jv3IEylplA" rel="noopener noreferrer nofollow">pic.twitter.com/Jv3IEylplA</a></p>— Metaplanet Inc. (@Metaplanet_JP) <a href="https://twitter.com/Metaplanet_JP/status/1858352792647225371?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 18, 2024</a>
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<h3 class="wp-block-heading" id="h-12-million-bond">$12 Million Bond</h3>
<p>Metaplanet is using Bitcoin to protect itself from Japan’s economic issues, including a weakening yen, high government debt, and low interest rates. With a fixed supply of 21 million coins, Bitcoin is seen as a hedge against inflation and a safer value store than traditional currency.</p>
<p>Metaplanet has raised ¥1.75 billion ($11.8 million) by issuing bonds at a low 0.36% interest rate, with the aim of purchasing more Bitcoin. The bonds were fully bought by EVO FUND, signaling strong investor support for this bold and risky strategy.</p>
<p>Metaplanet’s<a href="https://x.com/Metaplanet_JP/status/1858299882231984619" target="_blank" rel="noopener noreferrer nofollow"> bond</a> issuance is unsecured but backed by a first-priority mortgage on Hotel Royal Oak Gotanda, owned by its subsidiary Wen Tokyo Inc.</p>
<h3 class="wp-block-heading" id="h-inspired-by-microstrategy">Inspired by MicroStrategy</h3>
<p>The strategy closely follows MicroStrategy’s approach, where borrowing money to buy Bitcoin has become a key financial move. Metaplanet borrows money at a low interest rate of 0.36% to invest further in Bitcoin, making it the second largest corporate Bitcoin holder in Asia.</p>
<p>Metaplanet is investing heavily in Bitcoin to tackle economic challenges, despite Bitcoin’s price volatility. The company is making a bold statement about the future of digital finance in Japan.</p>
<h3 class="wp-block-heading" id="h-highlighted-crypto-news-today">Highlighted Crypto News Today:</h3>
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Metaplanet $12 Million Bitcoin Strategy for Financial Stability.

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