{"id":386010,"date":"2025-03-31T11:56:54","date_gmt":"2025-03-31T06:26:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/metaplanet-stock-crashes-9-despite-2-billion-jpy-bitcoin-purchase-plan-crypto-news\/"},"modified":"2025-03-31T12:00:45","modified_gmt":"2025-03-31T06:30:45","slug":"metaplanet-stock-crashes-9-despite-2-billion-jpy-bitcoin-purchase-plan-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/metaplanet-stock-crashes-9-despite-2-billion-jpy-bitcoin-purchase-plan-crypto-news\/","title":{"rendered":"Metaplanet Stock Crashes 9% Despite 2 Billion JPY Bitcoin Purchase Plan – Crypto News"},"content":{"rendered":"

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Metaplanet stock price has come crashing down more than 9%, slipping under 400 JPY levels, despite the firm announcing its 2 billion JPY Bitcoin purchase plan. This happened as the Japanese stock market tanked 4% in early trading hours on Monday, as they prepare for President Trump\u2019s \u201cLiberation Day\u201d on April 2.<\/p>\n

Metaplanet Issues 2 Billion JPY In Zero-Interest Bonds for Bitcoin Purchase<\/h2>\n

Earlier today, Metaplanet announced the issuance of its 10th Series of Ordinary Bonds worth 2 Billion JPY to the EVO FUND. The officials stated that they would use these funds exclusively to fund Bitcoin purchases<\/a>.<\/p>\n

The zero-interest bonds, each with a face value of \u00a550 million, are scheduled for redemption on September 30, 2025. Simon Gerovich, Representative Director of Metaplanet, oversaw the bond issuance. In a message on the X platform, Gerovich wrote: \u201cBuying the dip!\u201d Apart from the Japanese firm, Bitcoin miner Marathon Digital<\/a> has also announced a $2 billion stock sale to fund its Bitcoin purchases ahead.<\/p>\n

In less than a year of adding Bitcoin to its balance sheet, the Japanese firm has already accumulated 3,350 BTC at an average purchase price of $83,000 per BTC. To execute its BTC purchase plan moving ahead, the firm has also tapped Eric Trump<\/a> to join its board of advisers. Despite the current development, the stock price has come under severe selling pressure, dropping by 23% over the past week after a strong rally in early March.<\/p>\n

Trump Liberation Day Pushes Japanese Stock Market Down 4%<\/h2>\n

As the global markets prepare for the Trump \u201cLiberation Day\u201d set to kick in on April 2nd, Japan\u2019s stock market has dropped more than 4% in the early trading hours on Monday. Bitcoin price<\/a> sees continued selling pressure, slipping under $81,500 as markets brace for greater macro uncertainty this week. This overall development has led to further selling pressure on the Metaplanet stock in recent days.<\/p>\n

Global market is bracing for major turbulence ahead as risk-ON assets face strong selling pressure as Trump\u2019s reciprocal tariffs kick in. President Trump has declared Wednesday as \u201cLiberation Day,\u201d marking the start of a wave of new tariffs. The U.S. is set to impose 20%+ tariffs on imports from over 25 countries, targeting goods valued at more than $1.5 trillion by the end of April. Amid this massive uncertainty, the Gold price is eying a solid $3,100 levels.<\/p>\n

Policy Uncertainty Surges to Historic Highs<\/h2>\n

The Economic Policy Uncertainty Index has soared to unprecedented levels, surpassing nearly every major crisis in modern U.S. history. Current uncertainty levels are approximately 80% higher than those recorded during the 2008 financial crisis.<\/p>\n