#MetaplanetBTCPurchase Metaplanet, a Japanese firm, recently raised $10 million through zero-interest bonds to fund additional Bitcoin purchases. This move aligns with their strategy to increase Bitcoin reserves, as disclosed in January 2025. The bonds, issued to EVO FUND, will mature on October 14, 2025, and will be redeemed using proceeds from Metaplanet's future stock acquisition rights.
*Key Details:*
- *Amount Raised*: $10 million
- *Purpose*: Exclusive funding for acquiring more Bitcoin
- *Bond Maturity*: October 14, 2025
- *Redemption Plan*: Proceeds from Metaplanet's 14th to 17th Series of Stock Acquisition Rights
This development comes amid Bitcoin's price stability around $84,000, which has helped anchor the cryptocurrency market against external bearish trends. The total cryptocurrency market capitalization has stabilized around $2.7 trillion ¹.