Metaplanet repays 2B yen bonds early, CEO comments on BTC ‘down days'
Portfolio Pulse from
Japanese company Metaplanet has repaid 2 billion yen in bonds early and continues its aggressive Bitcoin acquisition strategy. The company, which now holds 4,206 BTC, plans to potentially purchase up to 21,000 BTC by 2026. CEO Simon Gerovich views Bitcoin's volatility as a natural characteristic of a rare, long-term asset.
April 07, 2025 | 3:30 pm
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Bitcoin price dropped below $80,000 due to global market sell-off, influenced by recent tariff announcements and broader stock market declines.
Recent global market sell-off, including US stock market losses and geopolitical tensions, is putting downward pressure on Bitcoin's price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100