Japanese investment firm MetaPlanet makes a strategic move by integrating Bitcoin into its financial operations.
MetaPlanet's New Business Strategy
On December 18, 2024, MetaPlanet announced the establishment of a Bitcoin treasury function as part of its new strategy. This decision aligns with the company's plans to use Bitcoin as its primary currency instead of the yen.
Bond Issuance Decision
To facilitate its plans, MetaPlanet has issued $30 million in bonds to fund Bitcoin acquisitions. This decision marks a step to strengthen its financial structure and increase capital resources.
Policy 'Bitcoin First, Bitcoin Only'
MetaPlanet's leadership has set a 'Bitcoin First, Bitcoin Only' policy, emphasizing Bitcoin accumulation as its key strategy. This policy focuses on capital-raising tools to strengthen the company's market position.
MetaPlanet's decision to incorporate Bitcoin into its official business line signifies a new milestone in the company's financial strategy, aimed at diversification and leveraging cryptocurrency's potential.
