Metaplanet Raises $21M to Expand Bitcoin Holdings
Metaplanet Inc. has made another bold move in its rebirth as a digital asset powerhouse with the issuance of its 14th series of ordinary bonds to raise $21.25 million for additional BTC purchases.
This move enhances the company’s continued dedication to its Bitcoin-centered plan; it puts the firm at the forefront as Asia’s top public BTC holder.
Metaplanet Secures $21M in Strategic Bond Sale
The zero-coupon bonds, which were approved in a board meeting on 9 May, were completely subscribed in a filing by the investment firm EVO FUND to the regulator. Each bond, worth $625,000, will mature on November 7, 2025.
Although there is no interest attached to the notes, bond holders are still given the option of early redemption of note just one day’s business prior to maturity. Further, partial redemptions by Metaplanet are possible when it is able to raise money from future Series 15 and 16 stock subscription rights.
Significantly, issuance is set up such that unsecured and non-guaranteed, there is no bond administrator, the exemptions under Japan’s Companies Act are utilized.
This capital infusion is at the expense of Metaplanet’s latest Bitcoin acquisition: 555 BTC equivalent to about 53.4m USD, taking its total to 5,555 BTC. With total investments of $481.5 million and an average purchase price of $86,672 per coin, Metaplanet is now the 9th largest public holder of the world’s first cryptocurrency, overtaking some of the best-known U.S-based firms.
Metaplanet Launching U.S. Treasury Subsidiary
There has been echo in investor sentiment to the firm’s daring vision: Metaplanet’s shares have soared 2,200% since becoming a Bitcoin standard in 2024. The firm has determined that the future goal of accumulating 10,000 BTC is worth pursuing come 2025.
Beyond Japan, Metaplanet has uncovered plans for a U.S. subsidiary, Metaplanets Treasury, in Florida. The new body is expected to collect up to $250 million to finance the continued Bitcoin accumulation and international expansion.
Despite the scale of its recent bond issue, Metaplanet reported that the financial effects on its FY 2025 results will be negligible. The company has vowed to supply timely updates in any significant changes.
The aggressive approach by Metaplanet on Bitcoin is a part of a global pattern where corporations are reworking their treasury functions using digital assets, with a market reality that continues to destroy conventional finance.