Metaplanet CEO: Corporate bonds can remain fully covered even if BTC price falls to $2,000

Simon Gerovich, CEO of Japanese listed company Metaplanet, said in a post on the X platform that Metaplanet's bitcoin rating is 69.24 times, and it maintains an extremely strong and flexible capital structure. The net asset value of the company's bitcoin holdings is much higher than its liabilities, ensuring that even if the price of bitcoin falls to $2,000, all bonds can be covered. According to previous disclosures, as part of the bitcoin vault strategy, Metaplanet has accumulated 7,800 bitcoins, and the historical average purchase price is 13.51 million yen/piece.