Metaplanet CEO: Even if BTC drops to $2,000, the company bonds can be fully covered

ChainCatcher news, Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated in a post on X that Metaplanet's Bitcoin rating is 69.24 times, maintaining an extremely strong and flexible capital structure. The net asset value of the Bitcoin held by the company is far higher than its liabilities, ensuring that even if the price of Bitcoin drops to $2,000, all bonds can be covered.

It is reported that Metaplanet has accumulated 7,800 Bitcoins, with a historical average purchase price of 13.51 million yen per coin.