Metaplanet Issues ¥3.6 Billion Bonds to Boost Bitcoin Holdings by 50%

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. This move aligns with the firm’s strategic roadmap, which aims to accumulate 10,000 Bitcoins by the end of the year. 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.

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%.

Metaplanet’s Bitcoin-focused policy mirrors Strategy, the largest corporate holder of Bitcoin. 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. This strategic move by Metaplanet underscores the company's commitment to leveraging Bitcoin as a key component of its financial strategy, aiming to capitalize on the cryptocurrency's potential for growth and stability in the global market.