🚀 Metaplanet Inc., aka the Asian MicroStrategy, is doubling down on Bitcoin! 💰 The Japanese investment firm has announced plans to buy more BTC, funded by a new round of bond issuance.
- The news sent Metaplanet's stock price soaring by 12% 📈
- The bonds will have a 0.5% interest rate and mature by 2025.
- This move will add nearly 100 BTC to Metaplanet's holdings.
Metaplanet is no stranger to Bitcoin, with over 141 BTC already in its portfolio. The firm sees great potential in the digital asset, despite its average purchase price being slightly higher than the current BTC price.
What do you think about this move? Is it a smart investment or a risky gamble? Share your thoughts below! 👇 #Bitcoin #Investment #Metaplanet