Metaplanet通过出售0％的利息债券筹集了2632万美元，计划将比特币作为核心财务战略

Metaplanet于2024年4月开始购买比特币，已经收集了1,762 BTC，花费了1.37亿美元。

A Japan-listed company called Metaplanet has raised 4 billion yen ($26.32 million) through the sale of 0% interest bonds. The company had initially planned to use the funds for further Bitcoin purchases but later decided to allocate them towards bond repayments instead. This move enables Metaplanet to optimize its cash flow management, mitigate foreign exchange risks, and maintain Bitcoin as a crucial component of its financial strategy. Despite the change, Metaplanet's stock price has surged by 64% this year, indicating strong market信心 in its Bitcoin-centric approach.

一家名为Metaplanet的日本上市公司通过出售0％的利息债券筹集了40亿日元（2632万美元）。该公司最初计划使用这些资金进行进一步的比特币购买，但后来决定将其分配给债券还款。此举使Metaplanet能够优化其现金流量管理，减轻外汇风险，并将比特币作为其财务战略的关键组成部分。尽管发生了变化，但今年Metaplanet的股价飙升了64％，表明其以比特币为中心的方法强劲。

Building the Largest Bitcoin Holdings in Asia

在亚洲建立最大的比特币持有

Metaplanet began acquiring Bitcoin in April 2024 and has since accumulated 1,762 BTC at a total cost of $137 million. The company values Bitcoin due to its limited supply and decentralized nature. By 2026, Metaplanet aims to expand its holdings to 21,000 BTC, positioning itself to become the largest Bitcoin holder in Asia. The company's growing Bitcoin reserves have also attracted attention from investors, leading to a 500% increase in shareholders to 50,000 in 2024.

Metaplanet于2024年4月开始收购比特币，此后积累了1,762 BTC，总成本为1.37亿美元。该公司重视比特币，因为其供应有限和分散的性质。到2026年，Metaplanet的目标是将其持股量扩大到21,000 BTC，将自己定位为亚洲最大的比特币持有人。该公司不断增长的比特币储量也引起了投资者的关注，导致股东增加了500％，达到2024年的50,000。

Backed by MicroStrategy's Michael Saylor

由Microstrategy的Michael Saylor支持

Metaplanet's strategy has caught the eye of Michael Saylor, the executive chairman of MicroStrategy and a renowned Bitcoin supporter. He lauded the company's performance, highlighting its stock price rise from below 1,000 yen in October 2024 to over 6,650 yen at present. This substantial 4,000% gain has made Metaplanet one of the most sought-after stocks in Japan, garnering interest from both crypto and traditional investors.

Metaplanet的策略吸引了MicroStrategy执行董事长Michael Saylor，也引起了著名的比特币支持者的注意。他赞扬该公司的业绩，强调其股价从2024年10月的1,000日元低于目前的6,650日元。这笔4,000％的收益使Metaplanet成为日本最受欢迎的股票之一，从而引起了加密货币和传统投资者的兴趣。

Is This the Winning Formula?

这是获胜的公式吗？

MicroStrategy began this trend by borrowing money to buy Bitcoin, and Metaplanet appears to be following a similar playbook. MicroStrategy achieved a double in its stock price over five years with this approach, demonstrating that Bitcoin can serve as a strong financial asset. Given Japan's low interest rates, Metaplanet can borrow funds at a low cost to continuously add more BTC to its treasury. The companies are utilizing these recent dips to add more BTC at a lower cost.

MicroStrategy通过借钱购买比特币开始了这一趋势，Metaplanet似乎也遵循类似的剧本。通过这种方法，MicroStrategy在五年内的股票价格达到了两倍，表明比特币可以作为强大的金融资产。鉴于日本的低利率，Metaplanet可以以低成本借入资金，以不断为其财政部增加更多的BTC。两家公司正在利用这些最近的跌幅以较低的成本增加更多的BTC。

Bitcoin is currently trading at $96,226, with a market cap of $1.90 trillion. As the U.S. considers adding Bitcoin to its financial reserves, more companies may adopt Metaplanet's strategy. However, Bitcoin's price can be volatile, and its finite supply may pose challenges for future acquisitions. If Metaplanet manages these risks effectively, it has the potential to emerge as the leading Bitcoin-holding company in Asia. But if the market turns against them, this bold move could also backfire, highlighting the inherent risks involved in such a strategy.

比特币目前的交易价格为96,226美元，市值为1.90万亿美元。随着美国认为将比特币添加到其财务储备中，越来越多的公司可能会采用Metaplanet的战略。但是，比特币的价格可能是波动的，其有限的供应可能会对未来的收购构成挑战。如果Metaplanet有效地管理这些风险，它有可能成为亚洲领先的比特币持有公司。但是，如果市场反对他们，这种大胆的举动也可能适得其反，强调了这种策略所涉及的固有风险。