Metaplanet Boosts Bitcoin Holdings With $208M Bond Issue

Metaplanet has purchased an additional 1,005 Bitcoin this week, taking its total holdings to 13,350 BTC. The Japanese firm is now among the top five corporate Bitcoin holders in the world. The latest acquisition is part of the firm’s aggressive Bitcoin accumulation strategy that is backed by both innovative bond financing and equity capital raises.

Although the company is primarily known for its hotel business, it is rapidly transforming into a mega institutional player in the digital asset landscape. Just last week, Metaplanet announced its plans to raise an impressive $515 million as part of its “555 Million Plan” through equity offerings. The company successfully issued 54 million new shares in a single day. It generated 74.9 billion yen (approximately $515 million) as part of the first major capital injection under the plan. This was 10% of its overall fundraising goal.

Important Reads: Japan’s Metaplanet Surpasses $1 Billion in Bitcoin Holdings

Metaplanet Announced Issuance of $208 Million

In interesting news, Metaplanet announced that the company has issued 30 billion yen ($208 million) in 0% interest rate ordinary bonds through its EVO fund. These funds will be primarily used to acquire more Bitcoin, while part of the amount will go toward buying back and canceling the company’s previously issued third series bonds worth 1.75 billion yen ($12 million), which had carried a 0.36% annual interest rate.

This smart refinancing gives Metaplanet an interest-free loan, which lets the company put more money into growing its Bitcoin treasury. The company disclosed: “Funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin.”

At the time of the announcement, Bitcoin was trading at $108,250. The company's aggressive strategy appears to resonate with investors. Metaplanet shares surged by 9% on Monday following the announcement, with stock prices now up more than 350% since the start of 2025, according to Google Finance.

Important Reads: Metaplanet Surpasses Tesla to Become Fifth Largest Corporate Bitcoin Holder

Metaplanet’s long-term ambition is even more ambitious. The firm has revised its original BTC holding target from 21,000 BTC to a staggering 100,000 BTC by 2026. Looking further ahead, the company has laid out plans to raise $5.4 billion with the aim of acquiring 210,000 BTC by 2027. If it works, Metaplanet will become the second-largest corporate holder of Bitcoin in the world, behind only MicroStrategy.

Simon Gerovich, the CEO of Metaplanet, stressed how important the most recent news was by calling the sale of equities and bonds a "strategic milestone" on X.com (previously known as Twitter). This showed the company's dedication to maximizing shareholder value through Bitcoin exposure. Metaplanet's strong shift towards Bitcoin shows that more and more companies are getting into crypto, and it also shows that Japan is becoming more important in the world of digital assets.