Metaplanet Issues $13 Million in Debt to Acquire More Bitcoin

Metaplanet Secures $13.3M via Zero-Coupon Bond to Expand Bitcoin Holdings

Japanese hospitality company Metaplanet (3350) has issued a 2 billion yen ($13.3 million) zero-coupon bond, with all proceeds directed toward acquiring additional bitcoin (BTC). The bond is set to mature on September 30.

Metaplanet has also been added to the BetaShares Crypto Innovators ETF (CRYP), a fund managing over $50 billion in assets, CEO Simon Gerovich confirmed.

With a 15.5% allocation, Metaplanet now holds the largest position in the ETF, surpassing crypto heavyweights such as Strategy (MSTR) and Coinbase (COIN), which take the second and third spots, respectively.

The CRYP ETF, listed on the Australian Securities Exchange (ASX), provides investors with exposure to leading blockchain and crypto-focused firms. However, it has struggled this year, posting a 23% decline year-to-date.

Metaplanet has solidified its position as one of the top 10 publicly traded bitcoin holders, now controlling a treasury of 3,200 BTC.

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