Metaplanet Dives Deeper into Bitcoin with Bold Debt Move – What’s Next?

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🚨 They’re Going Broke for Bitcoin 🚨

So, you’ve got this Japanese company, Metaplanet Inc, that’s like the ultimate Bitcoin fanboy. They’re like, “Hey, we’re gonna raise some debt, issue some bonds, and use that money to buy more Bitcoin at a discount! 🤑 Because, you know, it’s a great investment and all that jazz.” I mean, come on, who needs cash flow when you can have a bunch of worthless cryptocurrency, right? 🤑

Apparently, they think it’s a strategic move to accumulate more Bitcoin at “discounted” prices. I put that in quotes because, let’s be real, Bitcoin’s never going down in value. It’s like a Ponzi scheme, but with more ponies! 🐴

Metaplanet Issues ¥2 Billion in Zero-Interest Bonds (Because Why Not?)

They issued ¥2 billion in bonds, which is like, a million dollars or something. And it’s zero-interest, so they’re basically just giving away money to buy more Bitcoin. I mean, who needs interest when you can have a bunch of Bitcoin that might not even be worth anything in a few years? 🤦‍♂️

They’re allocating all the funds to their EVO FUND, which is like a fancy name for “our Bitcoin piggy bank.” And they’re planning to use it to strengthen their aggressive Bitcoin accumulation plans. I’m like, “Good luck with that, buddy.” 😂

Apparently, they’ve been buying Bitcoin like crazy lately. They added 150 BTC to their reserves just days before this announcement, and they’ve spent like ¥42.22 billion on related acquisitions since 2024. That’s like, a lot of money, right? 🤑

Their goal is to amass 10,000 Bitcoin units by the end of 2025 and 21,000 Bitcoin by 2026. I’m like, “Yeah, sure, because that’s exactly what we need more of – more Bitcoin.” 🤑

They’re using the bond issuances and stock-related instruments to build their reserves, because who needs cash flow when you can have Bitcoin? 🤑

This whole strategy has been super beneficial to Metaplanet, apparently. Their stock value has increased, investor confidence is up, and they’re like, “Hey, look at us, we’re Bitcoin experts!” 🤑

Bitcoin-Fueled Stock Surge (Because of Course)

When they bought 162 BTC at an average price of $83,123 per Bitcoin, their shares went up like 8%! I’m like, “Wow, what a surprise.” 😂

Since they started following Michael Saylor’s strategy of aggressively purchasing Bitcoin, their share price has increased by over 3,000%! I’m like, “Great, because we really needed more inflation.” 🤑

And, of course, they just got Eric Trump on their board of advisers, because who wouldn’t want to associate themselves with a Trump? 🤣

So, there you have it – Metaplanet is like the ultimate Bitcoin fanboy, and they’re just throwing money at it like it’s going out of style. 🤑

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2025-03-31 19:10