- Metaplanet has found an additional $ 13 million impression to spread the ‘cheap’ BTC.
- The company’s investors were better than the MSTR’s opponent.
MetAplanet, called Japan’s fine straight, has issued another convertible bond. Lift up 2B yen (About $ 13.6 million) To get a fire discount Bitcoin (BTC) King Coin slipped to less than $ 80K.
Dylan Leclair, the BTC strategy manager of Metaplanet, admitted that he is recent discount sales in response to capital hikes.
“Deep purchase time, $ BTC.”
Simon Gerovich, the CEO of Metaplanet, I chose Instead of selling stocks to preserve ‘shareholders’ value’, in the case of bond paths.
“Instead, we used 0%of interest on bonds to secure capital to continue to accumulate Bitcoin while maintaining shareholder value.”
Metaplanet BTC Holding Cross 2K
Source: Bitcoin Treasury
As of February 2025, the company has 2,235 BTCs (more than $ 180 million) and exceeded 2K scores for the first time this year.
Last summer, the company adopted a BTC strategy using a strategy of using debt and selling stocks to raise capital from BTC Buys. Since then, the company’s stake has soared to 1300%by mid -February.
Despite the recent decline in BTC, Metaplanet’s market share has increased 930% from last summer.
In fact, it has seen the smallest plunge compared to Microstrategy’s MSTR and BTC this year. In YTD (YTD), Metaplanet fell 4.8%from -17%of MSTR and -15%of BTC.
source: Google Finance
However, based on YOY (year -on -year), the company’s share increased 1,640% compared to 28% of BTC and 150% of MSTR.
In short, BTC investors who pursued indirect exposure through metaplanet were better than MSTR.