Metaplanet Smashes 10,000 BTC Milestone with Bold $210M Bond Play
Bitcoin just got a new corporate whale—and it''s swimming in debt.
The BTC Pile-Up
Metaplanet''s vault now holds 10,000 BTC, hitting its target through what looks suspiciously like financial alchemy. The move comes alongside a $210 million bond issuance—because nothing says ''conviction'' like leveraging fiat to hoard digital gold.
Wall Street Meets Cypherpunk
While traditionalists clutch pearls over balance sheets, the company''s doubling down on its crypto bet. That bond cash? Probably headed straight into more cold storage wallets—a hedge against inflation, incompetence, or maybe just FOMO.
The Bottom Line
Another institution joins the ''number go up'' brigade. Whether this is visionary treasury management or a leveraged gamble depends entirely on Bitcoin''s next price swing—and how many bondholders start asking uncomfortable questions.