Metaplanet Inc., a Tokyo Stock Exchange-listed company, has in a major move to expand its Bitcoin portfolio, issued $13.4 million in 0% ordinary bonds to fund additional Bitcoin purchases. The move reflects Japan’s growing corporate adoption of the digital asset amid regulatory clarity.
The bond issuance, detailed in a notice dated February 27, 2025, includes an early redemption option and appoints a bond administrator, indicating the company’s strategic shift to use Bitcoin as its primary treasury reserve asset.
A Strategic Investment
The $13.4 million raised by Metaplanet will be used to acquire additional Bitcoin, diversifying the company’s holdings and increasing its exposure to the crypto market. This strategic investment is expected to generate significant returns as the demand for Bitcoin grows.
By expanding its Bitcoin portfolio, Metaplanet is well-positioned to capitalize on the increasing adoption of the digital currency.
A Vote of Confidence in Bitcoin
Metaplanet’s decision to invest $13.4 million in Bitcoin proves the company’s confidence in the long-term potential of the digital asset. As the crypto market continues to evolve, Metaplanet is committed to staying at the forefront of innovation. With this significant investment, the company is poised to reap the rewards of the growing demand for Bitcoin and other cryptocurrencies.
Meanwhile, the Japan-based firm recently acquired an additional 135 BTC valued at $12.9 million, further solidifying its position as a major player in the crypto market. The acquisition is part of its ongoing Bitcoin Treasury Operation which brings the company’s total Bitcoin holdings to a new high of 2,235 Bitcoins (BTC) million.
Metaplanet has thus proven that it has no plans of slowing down in its buying spree, a mark that places it as one of the biggest names to be reckoned with in the crypto market.
The growing trend of substantial Bitcoin purchases has become widely contagious, with the world’s largest institutional BTC investor, Strategy, recently making headlines with a staggering $2 billion purchase to boost its stash by 20,356 BTC. Strategy now holds 499,096 BTC and is 904 units away from attaining the 500,000 bitcoins milestone.
