Metaplanet's Bitcoin growth persists through a $24.7 million bond offering
Going Big on Bitcoin: Metaplanet's ¥3.6 Billion Bond Gambit
In a daring move, Metaplanet, a forward-thinking Japanese publicly listed company, has taken a leap into the crypto realm by shelling out ¥3.6 billion ($24.7 million) to boost its Bitcoin (BTC) holdings. This strategic move is in line with their aim to amass a whopping 10,000 Bitcoins by year-end.
Metaplanet's Bitcoin Blitz: Aggressive Expansion Strategy
The Board of Directors green-lit this decision on May 2, 2025. The 12th Series of Ordinary Bonds will be issued to EVO FUND, each bond boasting a face value of a hefty ¥90 million. Unsurprisingly, these bonds carry no interest and will mature on October 31, 2025, with a redemption amount of ¥100 for every ¥100 of face value.
The company has stated that the raised funds will be exclusively allocated for Bitcoin purchases. Remarkably, this isn't Metaplanet's first foray into Bitcoin bond issuances; they previously issued ¥2 billion ($13.4 million) bonds for the same purpose back in March.
To fortify its presence in the global Bitcoin landscape and spur adoption, Metaplanet established a Strategic Board of Advisors in the same month. Notably, Eric Trump was appointed as the first advisor.
In mid-April, Metaplanet snapped up 319 BTC for approximately $26.3 million. With this latest acquisition, Metaplanet currently ranks 11th globally amongst corporate Bitcoin holders, according to data from Bitcoin Treasuries.
With 5,000 Bitcoins already in its arsenal, Metaplanet has successfully achieved half of its 2025 target. The current worth of their Bitcoin stash is a staggering $484.2 million, with each Bitcoin costing an average of $85,558, yielding a tidy profit of +13.1%.
Since initiating its Bitcoin acquisitions in 2024, Metaplanet's stock, 3350.T, has experienced significant growth. Over the past year, it has skyrocketed 1428.5%, while its year-to-date performance has been equally impressive, with gains of 22.9%.
The company's Bitcoin-centric policies echo those of Strategy (formerly MicroStrategy), the world's leading corporate Bitcoin holder. Reports suggest that Strategy is also scaling up its Bitcoin plans, earmarking a whopping $84 billion for acquiring more BTC, signifying an aggressive expansion of its Bitcoin holdings.
Sources:[1] BeInCrypto[2] Bloomberg[3] Bitcoin Treasuries[4] Yahoo Finance[5] CoinDesk
- The bold move by Metaplanet to issue ¥3.6 billion ($24.7 million) worth of bonds for Bitcoin (BTC) purchasing is a clear indication of their commitment to cryptocurrency investing in the finance and technology sector.
- In line with their aim to accumulate 10,000 Bitcoins by the end of 2025, Metaplanet's latest decision to buy Bitcoins with the proceeds from their bond issuance demonstrates their 'hodl' strategy.
- The company's Bitcoin holdings have grown significantly, with the recent acquisition of 319 Bitcoins, increasing their total holdings to 5,000, as reported by Bitcoin Treasuries.
- Eric Trump's appointment as the first advisor for Metaplanet's Strategic Board of Advisors in April 2025 highlights the company's focus on building global ties for Bitcoin (BTC) adoption.
- Despite the risks involved in investing in crypto assets, Metaplanet's Bitcoin holdings have shown a substantial profit of +13.1% and a current worth of $484.2 million, as of the middle of April 2025.
- Metaplanet's strong performance in the stock market since 2024, with a 1428.5% growth in their stock, 3350.T, and a year-to-date performance of 22.9%, suggests the positive impact of Bitcoin investing on their overall business.
