Metaplanet Goes All-In on Bitcoin: Raises ¥3.6B in Bonds to Double Down on Crypto Bet
Tokyo-based Metaplanet just made its boldest move yet—issuing ¥3.6 billion in bonds to load up on Bitcoin. Because nothing says ’confidence’ like doubling down on volatile assets with borrowed money.
The move signals a full-throttle pivot to crypto, leaving traditional finance skeptics shaking their heads. Meanwhile, Bitcoin maximalists are cheering another corporate treasury diving headfirst into the digital gold rush.
Will this be a masterstroke or a cautionary tale? Only time—and the next market crash—will tell. But for now, Metaplanet’s balance sheet is looking more like a crypto hedge fund than a prudent corporate strategy.