Metaplanet issues $13.3 million in new bonds to buy more bitcoin as Nikkei dips 4%
Portfolio Pulse from
Metaplanet, Asia's largest corporate Bitcoin holder, issued ¥2 billion ($13.3 million) in zero-interest bonds to continue purchasing Bitcoin. The company has already invested an estimated $260 million in Bitcoin, holding approximately 3,200 BTC. Despite the bond issuance, Metaplanet's stock dropped over 9% as the Nikkei 225 declined 4% due to potential US tariff concerns.
March 31, 2025 | 11:00 am
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NEGATIVE IMPACT
Bitcoin price remains volatile, trading under $81,800, with potential downward pressure from global macroeconomic factors and risk-off sentiment.
Macroeconomic uncertainty, potential tariffs, and risk-off sentiment could negatively impact Bitcoin's short-term price. Experts like Aran Hawker suggest capital might move to lower-risk assets.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100