- Metaplanet raises ¥2B through zero-interest bonds to fuel its Bitcoin acquisition strategy.
- With 3,050 BTC, Metaplanet aims to reach 10,000 BTC by 2025, expanding its holdings.
- Metaplanet’s stock surged 8% after it purchased 162 BTC for $13.5M amid market dips.
Metaplanet, a Japanese public company, has raised ¥2 billion ($13.3 million) by issuing zero-interest bonds, with plans to use the funds to acquire more Bitcoin. The bond issuance, which was approved on March 12, 2025, is set to mature by September 2025.
Metaplanet plans to use funds gained from exercising stock acquisition rights to redeem its bonds. The bonds offer early redemption and flexible terms for both the company and bondholders. However, they lack collateral backing, making them a higher-risk investment.
Strategic Focus on Bitcoin Accumulation
In 2024, Metaplanet adopted a Bitcoin-focused strategy, aggressively acquiring Bitcoin through a debt-funded approach similar to Strategy’s (previously MicroStrategy). The company aims to establish itself as Asia’s leading corporate Bitcoin investor by leveraging Japan’s favorable borrowing terms. As of March 12, 2025, the company holds 3,050 BTC, surpassing Boyaa Interactive International as Asia’s largest corporate Bitcoin holder.
Metaplanet investment in Bitcoin amounts to roughly $253.7M, with an average purchase price of $83,180 per Bitcoin. The company aims to acquire 10,000 BTC by 2025 and 21,000 BTC by 2026. Its Bitcoin yield showed strong growth, with a 45.1% annual increase as of March 5, 2025, and an impressive 309.8% surge in Q4 2024
Impact of Bitcoin’s Market Dynamics on Metaplanet’s Strategy
The current market volatility affecting Bitcoin does not faze Metaplanet because the company remains focused on its acquisition strategy. The company has continued buying Bitcoin during market downturns, recently investing $13.5 million to acquire 162 BTC. Its use of leveraged debt for Bitcoin purchases aligns with a broader institutional trend of increasing exposure to digital assets.
The cryptocurrency faced selling pressure due to uncertainties surrounding U.S. inflation data and geopolitical tensions. Meanwhile, the accumulation of over 65,000 BTC by whales last month highlights Metaplanet and other investors’ confidence in Bitcoin as a long-term store of value.
Related: Metaplanet Expands BTC Holdings and Announces Stock Split
Metaplanet’s Role in the Growing Institutional Interest in Bitcoin
Metaplanet’s choice to raise funds through bond issuance positions the company as a strong player among institutions actively adopting Bitcoin. The company’s debt issuance matches a larger industry trend where businesses leverage new financial tools to expand their exposure to digital assets. The public announcement of Metaplanet’s bond issuance, along with additional Bitcoin purchases, resulted in an 8% stock price increase. Bitcoin’s growing presence in financial portfolios positions Metaplanet and similar companies as key players in the digital asset market.
