Metaplanet CEO: Even if BTC Drops to $2,000, Company Bonds Can Fully Cover
ChainCatcher reports that Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated on X that Metaplanet's Bitcoin rating is 69.24 times, maintaining an extremely strong and flexible capital structure. The net asset value of the company's Bitcoin holdings is far higher than its liabilities, ensuring that even if the price of Bitcoin falls to $2,000, all bonds can be covered.
It is reported that Metaplanet has accumulated 7,800 Bitcoins, with an average historical purchase price of 13.51 million yen per coin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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