Metaplanet, Japan’s leading Bitcoin treasury firm, has issued 2 billion yen ($13.35 million) in 0% bonds to expand its BTC holdings, continuing its aggressive accumulation strategy that began in May 2024.
📢 Seventh Bitcoin Bond Issuance Since May 2024
On February 27, Metaplanet announced the issuance of 40 ordinary bonds, each with a face value of 50 million yen.
🔹 Total Issuance: 2 billion yen ($13.35 million)
🔹 Interest Rate: 0%
🔹 Maturity Date: August 26, 2025
🔹 Proceeds Allocated to: Evo Fund (Metaplanet’s Bitcoin acquisition fund)
This marks the seventh time Metaplanet has issued ordinary bonds to purchase Bitcoin.
🏦 Bitcoin Reserves Grow to 2,235 BTC ($192.4M)
Since its first BTC purchase on May 13, 2024, Metaplanet has steadily increased its Bitcoin reserves, making 17 acquisitions to date.
🔹 Largest Single Purchase: 619.7 BTC on December 20, 2024
🔹 Total Holdings: 2,235 BTC, valued at $192.4 million
📈 Bitcoin Investment Drives Stock Surge
Founded in 1999, Metaplanet’s Tokyo Stock Exchange-listed shares struggled for years but soared after adopting a Bitcoin strategy.
🔹 Stock Price Before Bitcoin Strategy (2024): ~200 yen
🔹 Stock Price Peak (Early 2025): 6,650 yen (+3,225%)
🔹 Current Stock Price: ~4,000 yen
🎯 Metaplanet’s Bold Bitcoin Target: 21,000 BTC by 2026
Metaplanet has outlined ambitious goals, mirroring the Bitcoin accumulation strategy of U.S.-based Strategy (formerly MicroStrategy).
🔹 10,000 BTC target by Q4 2025
🔹 21,000 BTC target by the end of 2026 (valued at $2 billion at current prices)
If achieved, this would cement Metaplanet as one of the largest publicly traded Bitcoin holders worldwide.
🔮 The Big Picture: Japan’s Growing Bitcoin Play
Metaplanet’s strategic shift toward BTC reflects a wider trend in Japan, where companies are increasingly viewing Bitcoin as a treasury asset amid yen depreciation and global economic uncertainty.
With Bitcoin’s institutional adoption accelerating, Metaplanet’s continued BTC accumulation via bond issuances could set a precedent for other Japanese firms to follow.
For now, all eyes are on Metaplanet’s next move as it inches closer to its 10,000 BTC milestone.
