Imagine a company that loves Bitcoin! Metaplanet, a Japanese firm, just bought more Bitcoin using money from special bonds. This is like borrowing money to buy something you think will go up in value.
They've been buying Bitcoin since May 2024 and this is their seventh time using bonds for this. It's part of a big plan to own lots of Bitcoin.
- Metaplanet raised $13.35 million to buy more Bitcoin.
- They now own about 2,235 Bitcoins.
- They plan to own 21,000 Bitcoin by the end of 2026!
| Fact | Number |
|---|---|
| Amount raised in bonds | $13.35 million |
| Number of Bitcoins owned | 2,235 |
| Target number of Bitcoins by 2026 | 21,000 |
Their stock price went up a lot after they started buying Bitcoin, but it's come down a bit since then. Buying Bitcoin is a risky investment, so this isn't financial advice!
