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

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

The bonds have no interest and will be fully redeemed by Sep. 30, 2025, as per the company’s filing on Mar. 31. The entire issuance has been allocated to EVO FUND. The move aligns with Metaplanet’s aggressive Bitcoin (BTC) accumulation strategy. 

On Mar. 24, the firm added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, bringing its total holdings to 3,350 BTC. Metaplanet has spent ¥42.22 billion ($270 million) on Bitcoin since formally embracing it as a core asset in 2024, making it the biggest corporate holder in Asia. 

Bitcoin Yield, a crucial indicator that the business monitors, calculates the percentage growth in BTC holdings in comparison to fully diluted shares. This metric surged 309.8% in Q4 2024 and currently sits at 68.3% for Q1 2025.

Since starting to amass Bitcoin, Metaplanet’s stock price has soared by over 3,000%, indicating a positive response from the market. By 2025, Metaplanet aims to hold 10,000 Bitcoin, and by 2026, 21,000 Bitcoin.

Metaplanet has been growing its leadership team in addition to issuing bonds and acquiring more BTC. On Mar. 21, the firm appointed Eric Trump to its newly formed advisory board. Known for his work in real estate and finance, Trump is expected to contribute business expertise to help build “one of the world’s leading Bitcoin Treasury Companies,” CEO Simon Gerovich stated. 

According to Gerovich, the new board will include Important voices and thought leaders committed to promoting Bitcoin adoption and financial innovation. With the latest bond issuance and leadership updates, the business is stepping up its efforts to secure its future using Bitcoin.o