🚀Metaplanet Inc., the Japanese investment firm, is going all-in on Bitcoin!💰 The company announced plans to purchase $6.26 million worth of BTC using capital from a bond issuance. This news sent Metaplanet's stock price soaring by 12%!📈

The Tokyo Stock Exchange-listed company is no stranger to Bitcoin. They've been steadily increasing their BTC holdings, with recent purchases on April 23, May 10, and June 11.🗓️ With this new bond issuance, they're set to add nearly 100 more BTC to their portfolio.🎉

But it's not just about buying Bitcoin. Metaplanet is also making smart moves to manage its BTC holdings. Long-term Bitcoin will be recorded at cost, avoiding end-of-term market value assessment taxation.👏 Other BTC holdings will be evaluated at market value each quarter.💼

The company's stock has seen a whopping 67% increase in value in the past month alone!🔥 Since their first BTC purchase just two months ago, the stock has surged fivefold. Clearly, Metaplanet's BTC strategy is paying off!🏆

Metaplanet's average BTC purchase price is $65,365, slightly above the current BTC price of $61,300. But with Bitcoin's all-time high of over $73,000, there's still plenty of room for growth!🌱 Stay tuned for more updates on Metaplanet's Bitcoin journey!🌍