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Metaplanet Issues $50M in New Debt to Buy More Bitcoin

  • Metaplanet Inc., a Japanese investment firm, issued $50 million in zero-interest bonds on May 28, 2025, to purchase more Bitcoin and increase its holdings.
  • The issuance follows Metaplanet's early 2024 pivot to a Bitcoin treasury strategy amid Japan's economic downturn and reflects broader institutional interest in crypto assets.
  • The bonds, issued solely to EVO FUND and set to mature on November 27, 2025, do not offer any interest payments and may be repurchased early by EVO FUND through a written notification, providing flexibility in Metaplanet’s capital raising.
  • Metaplanet now holds about 7,800 BTC, surpassing El Salvador's 6,189 BTC, after purchasing 1,004 BTC for $104.3 million on May 19, which boosted its stock price 15% to 1,116 JPY.
  • This bond-funded acquisition aims to secure 10,000 BTC by end of 2025, reinforcing Metaplanet as a leading Asian corporate Bitcoin holder and indicating a growing trend toward crypto treasury management.
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Metaplanet Issued $21 Million in Zero Interest Bonds to Expand Its Bitcoin Holdings. Firm Now Holds More BTC Than El Salvador, Nearing Its 10,000 BTC Target. The Company...

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Coingape broke the news in on Wednesday, May 28, 2025.
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