Metaplanet Takes $15 Million Step Towards Bitcoin Dominance
The post Metaplanet Takes $15 Million Step Towards Bitcoin Dominance appeared on BitcoinEthereumNews.com. Japanese firm Metaplanet has announced that it is issuing $15 million in ordinary bonds, with funds dedicated to acquiring Bitcoin (BTC). The decision signals its intention to double down on its accumulation strategy, shrugging off BTC’s latest price dip from its multi-month high of $105,000. According to the official disclosure, the bonds carry a 0% interest rate and are set to mature on November 12. They are valued at $375,000. Metaplanet’s latest bond issuance aims to push its holdings closer to its target of 10,000 Bitcoins by the end of 2025. If the firm raises the full $15 million, it could acquire approximately 147 BTC at current prices. This move follows its acquisition of 1,241 Bitcoin yesterday, valued at $126.7 million, bringing its total holdings to 6,796 BTC. This strategy aligns with a broader trend in 2025: a shift in Bitcoin ownership from individual investors to institutions and governments. According to data from River, businesses are now the leading buyers of Bitcoin, even outpacing governments and exchange-traded funds (ETFs). Businesses Dominating Bitcoin Ownership in 2025. Source: X/River “Businesses are the largest net buyer of bitcoin so far this year, lead by Strategy which makes up 77% of the growth,” the post read. Strategy — previously known as MicroStrategy — continues to spearhead this trend. The company disclosed on May 12 that it had acquired 13,390 BTC for $1.34 billion. The coins were purchased at an average price of $99,856 per coin. This addition increased Strategy’s total Bitcoin holdings to 568,840 BTC, acquired at an average cost of $69,287 per coin. Still, not everyone views this plan as sustainable. Economist and Bitcoin critic Peter Schiff took to X to caution against the potential fallout. “You next buy will likely push your average cost above $70,000,” Schiff wrote. He stressed that if…
The post Metaplanet Takes $15 Million Step Towards Bitcoin Dominance appeared on BitcoinEthereumNews.com.
Japanese firm Metaplanet has announced that it is issuing $15 million in ordinary bonds, with funds dedicated to acquiring Bitcoin (BTC). The decision signals its intention to double down on its accumulation strategy, shrugging off BTC’s latest price dip from its multi-month high of $105,000. According to the official disclosure, the bonds carry a 0% interest rate and are set to mature on November 12. They are valued at $375,000. Metaplanet’s latest bond issuance aims to push its holdings closer to its target of 10,000 Bitcoins by the end of 2025. If the firm raises the full $15 million, it could acquire approximately 147 BTC at current prices. This move follows its acquisition of 1,241 Bitcoin yesterday, valued at $126.7 million, bringing its total holdings to 6,796 BTC. This strategy aligns with a broader trend in 2025: a shift in Bitcoin ownership from individual investors to institutions and governments. According to data from River, businesses are now the leading buyers of Bitcoin, even outpacing governments and exchange-traded funds (ETFs). Businesses Dominating Bitcoin Ownership in 2025. Source: X/River “Businesses are the largest net buyer of bitcoin so far this year, lead by Strategy which makes up 77% of the growth,” the post read. Strategy — previously known as MicroStrategy — continues to spearhead this trend. The company disclosed on May 12 that it had acquired 13,390 BTC for $1.34 billion. The coins were purchased at an average price of $99,856 per coin. This addition increased Strategy’s total Bitcoin holdings to 568,840 BTC, acquired at an average cost of $69,287 per coin. Still, not everyone views this plan as sustainable. Economist and Bitcoin critic Peter Schiff took to X to caution against the potential fallout. “You next buy will likely push your average cost above $70,000,” Schiff wrote. He stressed that if…
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