Metaplanet Issues $21.25M in Bonds to Boost Bitcoin Holdings
Japanese hotel and investment company Metaplanet (3350.T) is moving forward with its Bitcoin accumulation strategy, announcing a new bond sale worth ¥3.3 billion (around $21.25 million) to fund additional BTC purchases.
The bonds will be issued to EVO FUND, marking the company’s third such transaction in a week. Two previous issuances, each valued at $25 million, were also dedicated to expanding its cryptocurrency portfolio.
In a statement shared on X (formerly Twitter), Metaplanet said the bonds will carry no interest and are scheduled to mature on November 9, 2025.
Following this latest purchase, Metaplanet now holds 5,555 BTC—valued at roughly $576 million—making it the largest corporate Bitcoin holder outside North America and the 11th largest globally.
Investors responded positively, with the company’s stock rising 2.75% on Friday to ¥524 ($3.61), outpacing the Nikkei 225’s 1.56% gain.
