Metaplanet has completed the early redemption of bonds worth 2 billion yen, directing efforts to strengthen its financial stability through Bitcoin assets.
Early Redemption of Bonds
On April 4, Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds. This occurred more than five months before the maturity date, as stated in an official announcement made on April 7.
Bitcoin Accumulation Strategy
The zero-interest bonds were issued in March through the company’s Evo Fund and were used to acquire additional Bitcoin. Metaplanet's Bitcoin holdings have grown to 4,206 BTC, placing it among the top 10 publicly traded holders of Bitcoin.
CEO Comments on Bitcoin Prices
Metaplanet CEO Simon Gerovich commented on Bitcoin’s volatility, describing it as a natural part of an asset that is rare and has long-term potential. He emphasized that the company maintains a buy-the-dip strategy for acquiring more Bitcoin.
Metaplanet's measures to redeem bonds and strengthen its Bitcoin assets demonstrate its commitment to financial stability and long-term investment strategies.
