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Japanese Bitcoin supporter company Metaplanet has launched a new initiative to buy more Bitcoin! Here are the details
Metaplanet, a Japanese company known for its aggressive Bitcoin (BTC) buying strategy, is preparing to join the Morgan Stanley Capital International (MSCI) Japan Index by the end of February 28, 2025, according to CEO Simon Gerovich.
Metaplanet Joins Japan Index, Raises $26 Million More BTC
The MSCI Japan Index tracks medium and large-cap Japanese stocks and serves as a key benchmark for institutional investors worldwide.
It is expected to increase the visibility of including Metaplanet, attract passive investment flows, and validate the long-term growth strategy.
In addition to being included in the MSCI, Metaplanet managed to raise 26 million dollars and (4 billion yen through the issuance of ordinary bonds at 0% interest, unsecured and unguaranteed.
Funds will only be used to buy additional Bitcoin and strengthen Metaplanet's position as Asia's leading Bitcoin Treasury Company.
Gerovich emphasized the importance of joining MSCI in further strengthening Metaplanet's position in the global financial markets and highlighted the significance of the milestone in X, underlining its commitment to Bitcoin as a strategic treasury asset.
Metaplanet is being compared to the US-based Strategy company leading the corporate Bitcoin treasury strategy. With its latest bond issuance, the company is doubling down on its BTC accumulation strategy, aligning itself with the growing institutional interest in Bitcoin.