Japan’s Bitcoin HODLer Metaplanet Issues $25 Million Bonds To Buy Even More Bitcoin Amid US Expansion ⋆ ZyCrypto

By: bitcoin ethereum news|2025/05/02 20:15:01
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Metaplanet—a Japanese investment firm focused on accumulating Bitcoin—has issued zero-interest bonds to fund its future purchases of the world’s largest and oldest cryptocurrency. Notably, the company already holds 5,000 BTC, halfway to its target of 10,000 BTC. This comes after Metaplanet registered a U.S. arm in Miami, Florida, to accelerate its Bitcoin accumulation strategy. According to a Friday announcement, Metaplanet has issued 3.6 billion yen (around $24.8 million) worth of zero-interest ordinary bonds to continue its Bitcoin buying spree. The newly issued bonds were sold entirely to EVO FUND, allowing investors to redeem them at full face value by Oct. 31, 2025. This issuance represents the 12th round of ordinary bonds issued for funding the company’s BTC accumulation strategy. Since Metaplanet began acquiring Bitcoin in April 2024, the Tokyo-listed company has amassed an impressive 5,000 BTC, fueled by a $745 million (¥116 billion) capital raise dubbed ‘Asia’s largest-ever,’ structured around zero-discount moving strike warrants. This stash makes Metaplanet one of the top ten corporate Bitcoin holders globally. The latest zero-coupon bond issuance is part of Metaplanet’s plans to accumulate 21,000 BTC by 2026, aligning with its mission to push adoption across Japan. Often dubbed “Asia’s MicroStrategy ,” Metaplanet is positioning itself in the mold of Michael Saylor’s Strategy, which currently holds 553,555 BTC, making it the largest corporate holder of the top crypto. Both firms have now rebranded themselves as Bitcoin treasuries that give traditional investors exposure to Bitcoin via their publicly traded shares. Meanwhile, in March, Metaplanet appointed Eric Trump, son of the U.S. president, to its newly formed Strategic Advisory Board, citing his “business expertise and passion for Bitcoin.” More recently, the company announced that its board of directors had resolved to operate a new wholly-owned US subsidiary as Metaplanet Treasury Corp to expand its access to U.S. institutional investors and support 24-hour operations across time zones. The new firm will launch with initial capital of $10 million and seeks to raise up to $250 million to grow its Bitcoin reserve strategy. Source: https://zycrypto.com/japans-bitcoin-hodler-metaplanet-issues-25-million-bonds-to-buy-even-more-bitcoin-amid-us-expansion/

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