Metaplanet issues another $13.33M in 0% ordinary bonds to buy additional Bitcoin

Japan’s Metaplanet has announced releasing its 10th Series of Ordinary Bonds, raising ¥2 billion ($13.33 million) to fund additional Bitcoin acquisitions. 

The bonds pay no interest and will be fully repaid by September 30, 2025, according to the company’s filing on March 31. The full issuance has been assigned to EVO FUND. The move is consistent with Metaplanet’s aggressive Bitcoin btc-1.33% Accumulation approach.  

On March 24, the corporation added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, increasing its total holdings to 3,350 BTC. Metaplanet is Asia’s largest business holder of Bitcoin, having invested ¥42.22 billion ($270 million) after embracing it as a primary asset in 2024.

Bitcoin Yield, a key metric that the company watches, measures the percentage increase in BTC holdings in comparison to fully diluted shares. This statistic increased by 309.8% in Q4 2024 and currently stands at 68.3% for Q1 2025. 

Since beginning to accumulate Bitcoin, Metaplanet’s stock price has risen by more than 3,000%, showing a good market response. Metaplanet wants to have 10,000 Bitcoin by 2025 and 21,000 Bitcoin by 2026. 

Metaplanet has expanded its leadership team in addition to issuing bonds and obtaining more BTC. On March 21, the firm named Eric Trump to its newly constituted advisory board. Trump, known for his real estate and banking background, is anticipated to bring business experience to help develop “one of the world’s leading Bitcoin Treasury Companies,” according to CEO Simon Gerovich.

According to Gerovich, the new board will consist of prominent voices and thought leaders dedicated to encouraging Bitcoin adoption and financial innovation. With the latest bond offering and leadership revisions, the company is increasing its efforts to ensure its future through Bitcoin. 

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