Tokyo’s Metaplanet Raises $13.3 Million to Buy More Bitcoin
Japanese company Metaplanet has issued $13.3M in bonds to buy Bitcoin.
Japanese Bitcoin company Metaplanet has issued bonds worth 2 billion yen (approximately $13.3 million) to acquire more BTC, marking another step in its strategic push to accumulate the world’s cryptocurrency.
The company issued zero-coupon ordinary bonds, with proceeds from the sale set to be used, in part, to purchase Bitcoin.
Investors have the option to redeem the bonds at face value by September 30, 2025, with the offering placed through the EVO Fund.
Related: Metaplanet Sets Sights on 10,000 BTC by 2025
Bitcoin as Metaplanet’s Primary Reserve Asset
Since 2024, publicly traded company Metaplanet has adopted Bitcoin (BTC) as its primary reserve asset. That decision has significantly strengthened its stock market performance. In addition, the company is expanding its digital asset holdings through a targeted capital-raising strategy.
Despite a recent 9% dip in Metaplanet’s share price, its position as the largest corporate Bitcoin holder in Asia continues to grow stronger.
For example, the latest purchase has increased the company’s official BTC reserves to 3,350 BTC.
Metaplanet now ranks 10th among the world’s largest corporate Bitcoin holders. The company continues to pursue its long-term strategy, investing in Bitcoin as a core asset despite short-term market volatility.
Related: Metaplanet Appoints Eric Trump as Strategic Advisor Amid Bitcoin Adoption
Market Reaction
Metaplanet’s stock fell 9% following the announcement of its new bond issuance. The drop came amid a broader decline in Japan’s Nikkei 225 index, which slid 4% as investors braced for potential new U.S. tariffs ahead of Liberation Day.
Related: What Are Trump’s Tariffs: A New Blow to the Economy?
However, analysts remain broadly positive about Metaplanet’s continued Bitcoin purchases.
Despite ongoing volatility in the crypto market, the company’s long-term positioning appears solid. Metaplanet continues to influence institutional sentiment by staying the course on its BTC accumulation strategy, underscoring its strong belief in the long-term potential of cryptocurrency.
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