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#Metaplanet Raises $21M in Zero-Coupon Bonds for More $BTC Purchases
Japanese investment firm #Metaplanet is raising $21.25 million through "0% Ordinary Bonds" exclusively to purchase more 
$BTC.
The company recently acquired 555 $BTC at an average price of $96,134, bringing its total holdings to 5,555 #BTC worth $481.5 million.
At current prices near $103,407, the new funding could add approximately 206 $BTC to the company's treasury.
Metaplanet has emerged as Asia's largest public corporate holder of Bitcoin and ranks 11th globally according to BitcoinTreasuries.NET.
The firm's stock has surged over 1,600% in the past year, currently trading at 511 Japanese yen ($3.50).
Metaplanet plans to launch a Florida-based subsidiary, Metaplanet Treasury, to raise an additional $250 million for its Bitcoin strategy.
The company joins a growing trend of corporate $BTC adoption, alongside #Strategy and GameStop, which recently raised $1.5 billion partly for $BTC purchases.
