Metaplanet Issued 200000000 Yen (around $13.3 Million) in Zero-interest Bonds to Buy More Bitcoin

Metaplanet issued 200000000 yen (around $13.3 million) in zero-interest bonds to buy more Bitcoin. The bond sale was confirmed in a March 31 regulatory filing.

Japanese company Metaplanet has sold 2 billion yen (about $13.3 million) worth of zero-interest bonds to buy more Bitcoin, a recent regulatory filing revealed on Friday.

The company, which is known for its large Bitcoin holdings and active purchasing activity, decided to sell the bonds as Bitcoin prices fell in recent months.

The bonds, which were distributed through Metaplanet’s Evo Fund, can be redeemed at full face value by September 30, 2025.

“We will use the funds to purchase Bitcoin,” the company said in the filing.

At the time, Bitcoin was trading at around $82,000, nearly 25% below its all-time high of $109,000.

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“We want to capitalize on the lower market price of Bitcoin to increase our portfolio in the short term,” Metaplanet CEO Simon Gerovich said in a post on X, formerly known as Twitter.

Metaplanet Bitcoin holdings now stand at 3,300 BTC

As of the latest update, Metaplanet holds approximately 3,300 BTC, valued at roughly $1.23 billion, according to BitcoinTreasuries.

This makes Metaplanet the largest corporate Bitcoin holder in Asia and the 10th largest in the world.

Earlier in March, the company acquired 150 BTC. Later that month, it purchased another 156 BTC, demonstrating its ongoing commitment to expanding its Bitcoin portfolio.

The company aims to hold 21,000 BTC by 2026.

“After spending $44 million on BTC, Metaplanet stock soars 19% in a single day as the company's aggressive Bitcoin strategy pays off.”

The Metaplanet share price also reacted to these actions. After spending $44 million on BTC, the stock jumped 19% in a single day.

This aligns with the company’s long-term strategy of accumulating Bitcoin even during market downturns.

Metaplanet’s Bitcoin strategy has drawn comparisons to that of Strategy, a US-based firm that holds over 500,000 BTC, worth close to $82 billion.

That figure represents over 2% of Bitcoin’s total 21 million supply limit.

Due to the similarity, Metaplanet is often called “Asia’s MicroStrategy.” Both companies follow a focused corporate plan around Bitcoin accumulation, using company funds and debt to increase their holdings.

The consistent BTC purchases by Metaplanet suggest a structured, long-term strategy aligned with its financial reports and public filings.

Moreover, Metaplanet is exploring a possible US stock listing, aiming to make its shares more accessible.

The announcement came shortly after the firm’s 156 BTC purchase.

“We are considering the best way to make Metaplanet shares more accessible to investors around the world,” stated Simon Gerovich.

This potential move aligns with the company’s global expansion plans and comes alongside its ongoing Bitcoin accumulation strategy.

In March, Metaplanet appointed Eric Trump to its newly formed strategic board of advisers.

This move highlights Metaplanet’s effort to build influence in the US market and strengthen its position in the global Bitcoin economy.