- Metaplanet raises $13.33M via zero-interest bonds to fuel Bitcoin buys, aiming for 10,000 BTC by 2025 and 21,000 BTC by 2026.
- The firm’s stock surged 3,000% since adopting a BTC-focused strategy, mirroring MicroStrategy’s approach to Bitcoin accumulation.
- Metaplanet eyes a U.S. stock listing and adds Eric Trump as an adviser, reinforcing its ambition as a major Bitcoin treasury player.
Metaplanet Inc., a Japanese Bitcoin treasury firm, is aggressively expanding its Bitcoin position. The company has announced plans to raise fresh capital through a bond issuance to accelerate its BTC acquisitions. With this move, Metaplanet seeks to take advantage of Bitcoin’s current price levels and solidify its long-term strategy. The firm’s stock has soared as a result, reflecting growing investor confidence.
Metaplanet’s Strategic Bond Issuance
The company’s board has approved the issuance of its 10th Series of Ordinary Bonds. Metaplanet is raising ¥2 billion ($13.33 million) through this debt instrument. Notably, the bonds carry no interest and will be fully redeemed by September 30, 2025.
Moreover, all raised funds have been allocated to EVO FUND, a move that further fuels its Bitcoin accumulation strategy. This bond issuance follows a series of aggressive BTC purchases. On March 24, 150 Bitcoins were purchased by Metaplanet at an average price of ¥12.57 million ($80,000) each. As a result, it now has 3,350 BTC in total assets.
Additionally, Metaplanet has spent about ¥42.22 billion ($270 million) on Bitcoin acquisitions since recognizing it as an important asset in 2024. The company aims to have 10,000 Bitcoin by the end of 2025 and 21,000 Bitcoin by 2026.
Rising Stock Value and Market Confidence
Metaplanet’s strategic BTC accumulation has yielded benefits. Its stock surged nearly 8% after acquiring 162 BTC at an average price of $83,123 per Bitcoin. Additionally, since adopting Michael Saylor’s Bitcoin strategy, Metaplanet’s share price has skyrocketed by over 3,000%.
Furthermore, on March 21, Eric Trump-the second son of US President Donald Trump-was appointed to the advisory board. Metaplanet also considers launching its stock on a U.S. exchange, thus facilitating its shares’ purchase for investors all over the world.
