- Metaplanet launched a $25 million bond to fund aggressive Bitcoin accumulation by year-end.
- The firm’s share price jumped 20% amid high trading volumes and BTC market optimism.
- A new US entity in Florida will receive up to $250 million to support global Bitcoin acquisitions.
Metaplanet has issued a new ordinary short-term bond valued at 3.6 billion Japanese yen, equivalent to nearly $25 million. The company announced that the proceeds would be used to acquire additional Bitcoin assets. The bond comes with a 100 JPY face value and will be redeemed on October 31. It marks the 12th series of ordinary bonds by Metaplanet.
The latest bond is not yield-bearing, and its opening market price has not yet been disclosed. Metaplanet has left open the possibility of early redemption, which would be financed through proceeds from its stock acquisition rights. The company has previously repaid outstanding debts ahead of maturity and may do the same with this issuance if conditions allow.
BTC Treasury Strategy Gains Momentum
The company stated it plans to acquire up to 5,000 BTC by the end of the year. Currently, Metaplanet ranks 11th among corporate Bitcoin holders. The number of firms holding Bitcoin in their treasury rose to 101, up from 92 in recent weeks, with the total corporate Bitcoin reserves reaching 3.26 million coins.
Metaplanet shares have traded at over 428 JPY, reflecting a nearly 20 percent increase over the past week. The stock has seen a sharp rise in volume, driven by renewed market attention and positive sentiment around corporate Bitcoin acquisition. The company’s CEO, Simon Gerovich, attributed the increased activity to a broader rally in Bitcoin’s market price.
US Subsidiary Planned to Scale BTC Operations
The bond announcement closely followed Metaplanet’s disclosure of plans to establish a US-based subsidiary in Florida. This new entity will have up to $250 million in capital dedicated to Bitcoin purchases. The expansion aims to strengthen Metaplanet’s global presence in digital asset accumulation.
While Metaplanet’s holdings remain modest compared to leaders like Strategy, its consistent accumulation strategy and growing visibility have earned it a reputation as Japan’s counterpart. Despite the wider market’s stable response to rising corporate holdings, companies appear increasingly committed to long-term Bitcoin retention.
