- Metaplanet raised $23 million in bonds to buy more Bitcoin and expand its crypto holdings.
- The company now holds 5,000 Bitcoin and aims to double that by the end of 2025 using more bond funding.
- Metaplanet launched a US unit in Florida to reach more investors and grow its access to Bitcoin markets.
Tokyo-based investment firm Metaplanet has raised 3.6 billion yen ($23 million) through the issuance of ordinary bonds. The company confirmed that the capital will go toward increasing its Bitcoin holdings. The issuance marks the twelfth round of bond offerings by the firm, further strengthening its aggressive digital asset strategy.
Zero-Interest Bonds Redeemable by 2025
Metaplanet’s newly issued bonds do not bear interest and are redeemable at face value by October 31, 2025. The company secured full approval from its Board of Directors before the issuance. The bonds will be allocated through Metaplanet’s EVO FUND, which enables investor redemption at maturity.
With the latest bond proceeds, Metaplanet is expected to purchase approximately 250 Bitcoin at current prices. The firm recently added 145 BTC in April, bringing its total holdings to 5,000 BTC. That represents half of its goal to accumulate 10,000 BTC by the end of 2025.
The company has pursued a consistent Bitcoin acquisition strategy since April 2024. It remains one of the fastest-growing corporate Bitcoin holders globally.
U.S. Expansion Supports Acquisition Strategy
Metaplanet also announced plans to launch a U.S.-based subsidiary in Miami, Florida. The new entity, Metaplanet Treasury Corp., will aim to access deeper institutional liquidity and enhance acquisition channels. The subsidiary will launch with an initial capital of $10 million.
The company plans to raise up to $250 million through the U.S. unit. This capital will directly support its Bitcoin treasury goals. The move places Metaplanet in a growing list of companies expanding operations to the U.S. for crypto exposure.
Strong Performance Among Bitcoin Corporates
With its 5,000 BTC reserve, Metaplanet joins the ranks of major corporate holders like MicroStrategy and Tesla. These firms have adopted similar strategies to build large digital asset portfolios. Metaplanet’s approach has drawn attention as Bitcoin’s price continues to climb.
On the Tokyo Stock Exchange, Metaplanet’s shares rose 10.4% to 435 yen during Friday’s trading. Its U.S.-listed stock, MTPLF, saw a record trading volume for the fourth consecutive day. Market participants responded to the firm’s growing Bitcoin exposure and capital strategy.
Bitcoin Rally Adds Momentum
Bitcoin climbed to $97,000 after a 4% gain in seven days. Metaplanet’s unrealized gains crossed 6 billion yen, well above its previous market cap. Meanwhile, BTC futures open interest rose over 8%, reaching $67.7 billion. These conditions support Metaplanet’s continued bond-funded Bitcoin expansion.
