日本公司Metaplanet已宣布将发行1500万美元的普通债券，其资金用于收购比特币（BTC）。

该决策标志着其打算逐一的累积策略的意图，从BTC的最新价格下跌，其多个月高点的$ 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.

该公司周五透露，日本公司Metaplanet计划发行1500万美元的普通债券，该债券将用于收购比特币（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.

这些债券将在11月12日持有0％的利率和成熟的债券。它们的价值为37.5万美元，并将以1500万美元的预定价格发行，旨在提高全额款项。

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.

此举标志着Metaplanet打算加倍累积策略的意图，从BTC的最新价格下跌，其多个月高点的$ 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.

该公司的战略是在2025年底之前收购10,000个比特币。如果该公司筹集了整个1500万美元，则可以以目前的价格以大约147 BTC的价格收购。

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宣布收购1,241个比特币，价值1.267亿美元，其总持股量为6,796 BTC。

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

这与2025年的更广泛趋势相吻合：比特币所有权从个人投资者转移到机构和政府。

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

根据River的数据，企业现在是比特币的主要买家，甚至超过了政府和交易所交易的资金（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.

该帖子写道：“企业是今年迄今为止最大的比特币净买家，这是由战略领导的，占增长的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（以前称为MicroStrategy）继续率领这一趋势。该公司于5月12日透露，它以13.4亿美元的价格收购了13,390 BTC。这些硬币的平均价格为每枚硬币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.

这一加法将策略的总比特币持有量增加到568,840 BTC，平均每枚硬币的平均成本为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.

不过，并非所有人都认为该计划是可持续的。经济学家和比特币评论家彼得·希夫（Peter Schiff）谨慎行事，以防止潜在的影响。

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

Schiff写道：“下一个购买可能会将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.

他强调，如果比特币的价格再次下跌，它可能会低于策略的硬币平均购买价格。由于策略借了资金来资助这些收购，因此价格下跌可能是有问题的。

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偿还债务，损失将成为“真实的”，而不仅仅是理论上。这扩大了利用比特币的风险，尤其是当市场波动时。

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的最新浸入中发出的。 5月12日，在美国和中国达成90天的关税协议之后，1月31日的高价价格上涨。

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，在达到105,705美元的高峰之后，比特币跌倒了。它迅速在发稿时以101,725美元的价格抛出了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.

尽管如此，分析师仍然乐观，目前的集会仍然有生长的余地，并且可以将BTC推向历史最高点。