From "Asia's second" to "world's second": Metaplanet becomes the world's second-largest BTC treasury company in just 2 years

Odaily News: Today, Metaplanet CEO Simon Gerovich published a lengthy post on X stating that Metaplanet completed Bitcoin sales and buybacks in the third quarter. The sale volume exceeded the total outstanding principal of the company's bonds, borrowings, and other interest-bearing liabilities, after which the buyback volume exceeded the sale volume, resulting in a net increase of 1,000 Bitcoin.As of September 30, Metaplanet holds 44,000 Bitcoin, making it the world's second-largest publicly listed Bitcoin treasury company. The company has also introduced a net interest income strategy aimed at establishing a sustained revenue stream and reducing its cost of capital.It is worth noting that in October 2024, Metaplanet's BTC holdings increased to 1,018.17, at which time it ranked second only to Boyaa Interactive in Asia, making it "Asia's second-largest corporate Bitcoin holder."