Metaplanet issues $21.25 million bonds to accelerate Bitcoin acquisition, consolidating its position as the largest public holder in Asia

ChainCatcher news, according to 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. This bond was approved at the board meeting on May 9 and was 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 amount of $481.5 million and an average purchase price of $86,672 per Bitcoin. This makes Metaplanet the largest listed company holder of Bitcoin in Asia and ranks ninth globally.