Metaplanet’s Bitcoin Expansion Continues with $24.7 Million Bond Offering
Metaplanet, a publicly listed Japanese firm, has raised ¥3.6 billion through bond issuance to boost its Bitcoin holdings, with plans to acquire 10,000 BTC by year-end.
Metaplanet, a publicly listed Japanese company, has announced the issuance of ¥3.6 billion (approximately $24.7 million) in ordinary bonds to expand its Bitcoin (BTC) holdings.
The decision aligns with the firm’s strategic roadmap. It aims to accumulate 10,000 Bitcoins by the end of the year.
Metaplanet’s Bitcoin Bet: ¥3.6 Billion in Bonds for BTC Expansion
The company’s Board of Directors approved the decision on May 2, 2025. The 12th Series of Ordinary Bonds will be issued to EVO FUND, with each bond having a face value of ¥90 million.
The bonds will carry no interest and mature on October 31, 2025, with a redemption amount of ¥100 per ¥100 of face value.
“The proceeds raised through this issuance will be allocated to the purchase of Bitcoin,” the firm noted.
Previously, on March 18, Metaplanet issued ¥2 billion ($13.4 million) bonds for the same purpose. To further strengthen its position in the global Bitcoin economy and drive adoption, Metaplanet also formed a Strategic Board of Advisors the same month. Notably, the Japanese firm appointed Eric Trump as the first member.
Furthermore, the company acquired 319 BTC in mid-April for around $26.3 million. According to the latest data from Bitcoin Treasuries, the firm now ranks 11th globally among corporate Bitcoin holders.
With a total of 5,000 BTC, Metaplanet has reached half of its 2025 target. The current value of its holdings is $484.2 million, with an average cost per BTC of $85,558, reflecting a profit of +13.1%.
Meanwhile, since starting its BTC purchases in 2024, the firm’s stock, 3350.T, has also seen remarkable growth. According to Yahoo Finance, the stock has appreciated 1428.5% over the past year. Its year-to-date performance has been equally impressive, with gains of 22.9%.
Metaplanet Inc. (3350.T) Stock Performance. Source:
Yahoo Finance
Metaplanet’s Bitcoin-focused policy mirrors Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin. BeInCrypto reported that Strategy is also ramping up its Bitcoin plans, allocating $42 billion in equity and $42 billion in fixed income to buy more BTC.
The company is targeting a yield of 25% and aims for a Bitcoin gain of $15 billion by the end of 2025, signaling an aggressive expansion of its Bitcoin holdings.
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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