Metaplanet Inc. Issues Bonds for Bitcoin Acquisition

Japanese investment firm Metaplanet Inc. announced the issuance of one-year ordinary bonds totaling 1.75 billion yen ($11.3 million) to purchase additional bitcoin.

The Tokyo-listed company said on Monday that its board of directors had resolved to issue the bonds for an annual interest rate of 0.36%, with the funds raised intended to be used for purchasing bitcoin. The redemption date is set for Nov. 17, 2025.

> “More bitcoin purchases incoming,” Simon Gerovich, CEO of Metaplenet, wrote on X today.

Metaplanet has been on a bitcoin buying spree in recent months following its May announcement to adopt bitcoin as a strategic treasury reserve asset. Its latest disclosure showed that the company currently holds 1,018.17 BTC, or about $93.5 million at current market prices, making it one of the largest corporate holders of bitcoin in Asia.

Last month, the firm raised about 10 billion yen ($66 million) by completing its stock acquisition rights exercise.

Metaplanet’s stock closed up 0.81% at 1,994 yen on Monday in Japan. Its stock price has risen 1,146% year-to-date, according to Google Finance. The Nikkei 225 index was down 1.09% today.

Meanwhile, MicroStrategy remains the largest public corporate bitcoin holder, owning 279,420 BTC, according to data from BitcoinTreasuries. Marathon Digital follows this record with 27,562 BTC.