Metaplanet CEO: Even if BTC price drops to $2,000, corporate bonds can remain fully covered

Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated on the X platform that Metaplanet's Bitcoin rating is 69.24 times, maintaining an extremely strong and flexible capital structure. The net asset value of the Bitcoin held by the company is much higher than the liabilities, ensuring that even if the price of Bitcoin falls to $2,000, all bonds will still be covered. According to information previously disclosed, as part of the Bitcoin treasury strategy, Metaplanet has accumulated 7,800 Bitcoins, with a historical average purchase price of 13.51 million yen per coin.