Related: Metaplanet share price rises 4,800% as company stacks BTCCEO comments on Bitcoin price action Metaplanet has seemingly embraced Bitcoin’s volatility, having adopted a buy-the-dip mentality to acquire more of the digital asset. Over the weekend, Metaplanet CEO Simon Gerovich called Bitcoin’s volatility “a natural part of an asset that is truly rare, diversified, and has long-term potential,” according to a translated version of his social media post. Source: Simon GerovichBitcoin’s price is under renewed pressure as part of a global sell-off in risk assets stemming from US President Donald Trump’s “Liberation Day” tariff announcement last week.
Metaplanet conducted an early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, the company disclosed on April 7. The zero-interest bonds were issued in March through Metaplanet’s Evo Fund and used to acquire additional Bitcoin (BTC).
The company’s Bitcoin balance has swelled to 4,206 BTC, placing it among the top 10 publicly traded holders. The acquisitions are part of a broader strategy disclosed in January that could see Metaplanet purchase up to 21,000 BTC by the end of 2026.
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