Metaplanet Stock Surges 20% After Revealing 10,000 BTC Holdings and $210M Bond Plan
HKAN | June 16
In a move echoing MicroStrategy’s bold Bitcoin strategy, Metaplanet Inc. has announced it now holds 10,000 BTC, triggering a sharp 20%+ surge in its stock price. The company also revealed plans to issue $210 million in bonds to finance additional Bitcoin purchases — a sign of growing institutional confidence in the crypto market.
Strategic Bitcoin Accumulation
Metaplanet’s BTC acquisition positions it among the top corporate holders of Bitcoin globally. With a current value exceeding $650 million, the company’s digital asset strategy is clearly aimed at long-term growth and hedging against fiat currency devaluation.
> “This investment aligns with our commitment to building a digital-forward treasury strategy,” Metaplanet said in its official statement.
$210 Million Bond Issuance: Fuel for Future BTC Buys
In a bold move, the company has also announced the issuance of $210 million in corporate bonds, with proceeds designated specifically for further Bitcoin accumulation. This mirrors the strategy of firms like MicroStrategy, which have previously leveraged debt to increase crypto holdings.
Market Reaction
Investors reacted swiftly and positively, sending Metaplanet's stock soaring more than 20% in early trading. The announcement is seen as a bullish signal not only for the company but for broader institutional Bitcoin adoption.
Why It Matters
Institutional confidence in Bitcoin is growing
Crypto is being embraced as a treasury asset
Traditional finance and digital assets are rapidly converging
With this aggressive strategy, Metaplanet is positioning itself at the forefront of corporate Bitcoin adoption — and sending a message to global markets about the future of finance.
💬 Comments
No comments yet. Be the first!
Please log in to post a comment.