Metaplanet Inc., a Tokyo-based firm, has successfully raised $25.9 million through the issuance of zero-interest bonds, aiming to expand its Bitcoin holdings. The funds, acquired from EVO FUND, are intended to increase its Bitcoin reserves to 21,000 BTC by 2026. The strategic pivot to Bitcoin follows rising economic uncertainties in Japan, prompting Metaplanet to adjust its financial management by adopting Bitcoin as its primary reserve asset. So far, Metaplanet holds approximately 1,761.98 BTC, valued at about $186 million, and plans to grow this amount substantially by reallocating its previous financial plans. Furthermore, the company is set to join the Morgan Stanley Capital International Japan Index on February 28, 2025, enhancing institutional visibility and potentially driving greater demand for its stock. This shift signifies a robust commitment to cryptocurrency amid a significant increase in its market capitalization since embarking on this financial strategy, demonstrating a promising outlook for the firm's future.

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