Metaplanet's Strategic Approach to Bitcoin and Capital Markets

According to Odaily, Metaplanet's strategic head, Shinpei Okuno, stated on the X platform that the company has never intended to borrow from banks, as no bank would accept Bitcoin as collateral for loans. Metaplanet's financial operations are designed to avoid cash flow risks, such as the need to sell Bitcoin, relying instead on the daily price of Bitcoin. Consequently, equity financing remains the primary source of funding for the company. In the long term, the market for Bitcoin-backed bond investments is steadily advancing. For instance, Strategy's perpetual preferred stock, STRF, counts major institutional investors and insurance companies among its primary shareholders, indicating a shift in the market. Capital Group, a significant shareholder in Metaplanet, is part of this transformation. Allowing companies to hold Bitcoin is expected to digitize capital markets and alter the global credit market paradigm, ultimately establishing a Bitcoin-centered trust system.