Metaplanet Doubles Down on Bitcoin with $25M Bond Gambit
Tokyo-based investment firm Metaplanet just pulled a Wall Street move—issuing bonds to hoard more Bitcoin. Because when traditional markets wobble, why not double down on digital gold?
The Playbook:
Raise debt, buy BTC. Rinse, repeat. The $25M bond offering targets institutional investors thirsty for crypto exposure without the regulatory headaches.
Cynic’s Corner:
Because nothing says ’prudent fiscal strategy’ like levering up to chase a volatile asset at near-all-time-highs. But hey—if MicroStrategy can do it, why not?