- Metaplanet is issuing $50 million in zero-interest bonds
- The money will be used to buy more Bitcoin
- The firm held 40,177 BTC as of March 31
- Metaplanet remains one of the largest corporate Bitcoin holders
Metaplanet Raises More Capital for Bitcoin
Japanese Bitcoin treasury firm Metaplanet is issuing 8 billion yen, worth about $50 million, in zero-interest bonds to fund more Bitcoin purchases.
The bonds were fully subscribed by EVO Fund, a Cayman Islands-based investment firm that has supported previous Metaplanet offerings.
Bitcoin Accumulation Continues
Metaplanet has been buying Bitcoin consistently since April 2024. In the first quarter of this year, the company added 5,075 BTC, bringing its total holdings to 40,177 BTC by the end of March.
That makes Metaplanet one of the largest corporate Bitcoin holders globally.
Strategy Comes With Risk
The new bond issuance comes even after Metaplanet reported a large net loss for 2025, mainly due to unrealized losses on its Bitcoin holdings.
Still, the company appears committed to its treasury strategy, using capital markets to grow its Bitcoin position over time.