日本公司Metaplanet已宣布將發行1500萬美元的普通債券，其資金用於收購比特幣（BTC）。

該決策標誌著其打算逐一的累積策略的意圖，從BTC的最新價格下跌，其多個月高點的$ 105,000。

Japanese firm Metaplanet is planning to issue $15 million in ordinary bonds, which will be used to acquire Bitcoin (BTC), the company disclosed on Friday.

該公司週五透露，日本公司Metaplanet計劃發行1500萬美元的普通債券，該債券將用於收購比特幣（BTC）。

The bonds will carry a 0% interest rate and mature on November 12. They are valued at $375,000 and will be issued at a predetermined price of $15 million, aiming to raise the full amount.

這些債券將在11月12日持有0％的利率和成熟的債券。它們的價值為37.5萬美元，並將以1500萬美元的預定價格發行，旨在提高全額款項。

This move signals Metaplanet’s intention to double down on its accumulation strategy, shrugging off BTC’s latest price dip from its multi-month high of $105,000.

此舉標誌著Metaplanet打算加倍累積策略的意圖，從BTC的最新價格下跌，其多個月高點的$ 105,000。

The company’s strategy is to acquire 10,000 Bitcoins by the end of 2025. If the firm raises the full $15 million, it could acquire approximately 147 BTC at current prices.

該公司的戰略是在2025年底之前收購10,000個比特幣。如果該公司籌集了整個1500萬美元，則可以以目前的價格以大約147 BTC的價格收購。

Yesterday, Metaplanet announced the acquisition of 1,241 Bitcoin, valued at $126.7 million, bringing its total holdings to 6,796 BTC.

昨天，Metaplanet宣布收購1,241個比特幣，價值1.267億美元，其總持股量為6,796 BTC。

This aligns with a broader trend in 2025: a shift in Bitcoin ownership from individual investors to institutions and governments.

這與2025年的更廣泛趨勢相吻合：比特幣所有權從個人投資者轉移到機構和政府。

According to data from River, businesses are now the leading buyers of Bitcoin, even outpacing governments and exchange-traded funds (ETFs).

根據River的數據，企業現在是比特幣的主要買家，甚至超過了政府和交易所交易的資金（ETF）。

“Businesses are the largest net buyer of bitcoin so far this year, lead by Strategy which makes up 77% of the growth,” the post read.

該帖子寫道：“企業是今年迄今為止最大的比特幣淨買家，這是由戰略領導的，佔增長的77％。”

Strategy — previously known as MicroStrategy — continues to spearhead this trend. The company disclosed on May 12 that it had acquired 13,390 BTC for $1.34 billion. The coins were purchased at an average price of $99,856 per coin.

策略（以前稱為MicroStrategy）繼續率領這一趨勢。該公司於5月12日透露，它以13.4億美元的價格收購了13,390 BTC。這些硬幣的平均價格為每枚硬幣99,856美元。

This addition increased Strategy’s total Bitcoin holdings to 568,840 BTC, acquired at an average cost of $69,287 per coin.

這一加法將策略的總比特幣持有量增加到568,840 BTC，平均每枚硬幣的平均成本為69,287美元。

Still, not everyone views this plan as sustainable. Economist and Bitcoin critic Peter Schiff took to X to caution against the potential fallout.

不過，並非所有人都認為該計劃是可持續的。經濟學家和比特幣評論家彼得·希夫（Peter Schiff）謹慎行事，以防止潛在的影響。

“You next buy will likely push your average cost above $70,000,” Schiff wrote.

Schiff寫道：“下一個購買可能會將您的平均成本提高到70,000美元以上。”

He stressed that if Bitcoin’s price falls again, it could dip below Strategy’s average purchase price for their coins. Since Strategy borrowed money to fund these acquisitions, a price drop could be problematic.

他強調，如果比特幣的價格再次下跌，它可能會低於策略的硬幣平均購買價格。由於策略借了資金來資助這些收購，因此價格下跌可能是有問題的。

If forced to sell their holdings to repay debt, the losses would become “real” instead of just theoretical. This magnifies the risk of leveraging Bitcoin, especially when the market is volatile.

如果被迫出售其股份以償還債務，損失將成為“真實的”，而不僅僅是理論上。這擴大了利用比特幣的風險，尤其是當市場波動時。

This warning comes amid BTC’s latest dip. On May 12, the price pumped to highs last seen on January 31 after the US and China agreed on a 90-day tariff deal.

此警告是在BTC的最新浸入中發出的。 5月12日，在美國和中國達成90天的關稅協議之後，1月31日的高價價格上漲。

Nevertheless, after peaking at $105,705, Bitcoin tumbled. It quickly shed 3.7% of its gains to trade at $101,725 at press time.

然而，在達到105,705美元的高峰之後，比特幣跌倒了。它迅速在發稿時以101,725美元的價格拋出了3.7％的收益。

Despite this, analysts remain optimistic that the current rally still has room to grow and could propel BTC to all-time highs.

儘管如此，分析師仍然樂觀，目前的集會仍然有生長的餘地，並且可以將BTC推向歷史最高點。