Metaplanet Issues $21.25 Million Bond to Accelerate Bitcoin Acquisition, Solidifying Position as Asia's Largest Public Holder

According to ChainCatcher, as reported by CryptoSlate, Japanese listed company Metaplanet announced the issuance of its 14th series of ordinary bonds, raising $21.25 million, all of which will be used to purchase Bitcoin. The bond was approved at the board meeting on May 9 and fully subscribed by EVO FUND.

Previously, Metaplanet purchased 555 Bitcoins for approximately $53.4 million, bringing its total Bitcoin holdings to 5,555 coins, with a total investment of $481.5 million and an average purchase price of $86,672 per Bitcoin. This makes Metaplanet the largest listed company Bitcoin holder in Asia and ranks ninth globally.