Metaplanet Expands Bitcoin Reserves with $13.4M Bond Sale
Japanese Bitcoin treasury firm Metaplanet sold 2 billion Japanese yen ($13.35 million) of bonds to expand its reserves of Bitcoins. This is the latest action in its high-intensity strategy of building up Bitcoins, which it began in May 2024.
Seventh Bond Sale to Purchase Bitcoins
On 27 Feb, Metaplanet issued 0% ordinary bonds worth 2 billion yen for sole use in buying Bitcoins. It is its seventh such issuance to increase its holdings of BTC.
Metaplanet will issue 40 ordinary bonds with a face value of 50 million yen each. The bonds, bearing no interest, can be repaid in full on Aug. 26, 2025. The company announced that the funds will be invested in Evo Fund, Metaplanet’s special fund for buying Bitcoins.
Aggressive Bitcoin Purchase Strategy
Since May 13, 2024, Metaplanet has been steadily buying Bitcoin. The largest buy by the company to date was on Dec. 20, 2024, when it bought 619.7 BTC.
Metaplanet currently holds 2,235 BTC, which is approximately $192.4 million.
Metaplanet’s buying spree is consistent with its overall strategy of acquiring Bitcoin reserves, strengthening its position in the digital asset space. The company continues to weather price downturns, showing confidence in future appreciation of BTC.
Bitcoin Treasury Strategy Improves Stock Performance
Although Metaplanet was founded in 1999, its shares have not been doing well since 2013. Nevertheless, its Bitcoin accumulation strategy has drawn comparisons with MicroStrategy, the US software firm co-founded by Michael Saylor, which created history with treasury investments in Bitcoin.
Since beginning to make its BTC buys, shares in Metaplanet have risen from 200 yen to 6,650 yen during the early months of 2025—a gain of 3,225%. The shares have since retreated to around 4,000 yen but remain well above levels before its Bitcoin initiative.
Experts feel that Metaplanet’s Bitcoin-focused approach could well keep investor confidence growing, cementing it as a leading BTC treasury firm.
Future Bitcoin Plans
During the February rally of stocks, Metaplanet declared acquiring 10,000 Bitcoin in Q4 of 2025 and holding its place to 21,000 BTC by the end of 2026. That would cost around $2 billion at the current price level.
The long-term aspiration of the company is to tap into Bitcoin’s appreciation to add financial security and institutional investors. Through a careful acquisition strategy, Metaplanet seeks to cement its presence in the emerging Bitcoin market.
Through ongoing issues of bonds for buying BTC, Metaplanet is setting itself up to be among the top Bitcoin treasury companies in Japan, following in the footsteps of MicroStrategy’s strategy in the U.S
