Metaplanet issues 50 million USD in new debt to buy more Bitcoin

Metaplanet is raising 50 million USD via zero-interest bonds, with Evo Fund as the sole subscriber, indicating a strong partnership in financing.

The firm recently increased its Bitcoin holdings to 7,800 BTC, valued at over 800 million USD, reflecting a growing trend among companies investing in Bitcoin.

Notably, investor Jim Chanos criticizes indirect Bitcoin exposure via corporate stocks, advocating for direct Bitcoin investments instead.

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