Metaplanet Boosts Bitcoin holdings with New Bond Issue
Japan’s Metaplanet has issued its 10th Series of Ordinary Bonds, raising ¥2 billion ($13.33 million). This move aims to fuel more Bitcoin purchases. The bonds, issued on March 31, will mature by September 30, 2025, with no interest.EVO FUND has secured the entire issuance.
metaplanet is on a mission to grow its Bitcoin (BTC) reserves. The company plans to buy more BTC with the funds.The bond issue is part of its aggressive BTC acquisition strategy. The company’s filing on March 31 confirms this. The funds will help Metaplanet expand its BTC holdings.
On March 24, Metaplanet added 150 BTC to its treasury. it paid an average of ¥12.57 million ($80,000) per BTC. This move aligns with Metaplanet’s aggressive bitcoin (BTC) accumulation strategy.
On Mar.24,the firm added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, bringing its total holdings to 3,350 BTC. Metaplanet has spent ¥42.22 billion ($270 million) on Bitcoin since formally embracing it as a core asset in 2024, making it the biggest corporate holder in Asia.
Bitcoin Yield,a crucial indicator that the business monitors,calculates the percentage growth in BTC holdings in comparison to fully diluted shares. This metric surged 309.8% in Q4 2024 and currently sits at 68.3% for Q1 2025.
As starting to amass Bitcoin, Metaplanet’s stock price has soared by over 3,000%, indicating a positive response from the market. By 2025, Metaplanet aims to hold 10,000 Bitcoin, and by 2026, 21,000 Bitcoin.
Metaplanet has been growing its leadership team in addition to issuing bonds and acquiring more BTC. On Mar. 21, the firm appointed Eric Trump to its newly formed advisory board. Known for his work in real estate and finance, Trump is expected to contribute business expertise to help build “one of the world’s leading Bitcoin Treasury Companies,” CEO Simon Gerovich stated.
According to Gerovich, the new board will include Vital voices and thought leaders committed to promoting Bitcoin adoption and financial innovation. With the latest bond issuance and leadership updates, the business is stepping up its efforts to secure its future using Bitcoin.
