BitcoinSistemi 2025-05-28 13:49:07

Japanese Tech Company Metaplanet Issuing Bonds to Buy Bitcoin! Here Are the Details

Tokyo-based technology company Metaplanet has made a new move in its aggressive Bitcoin investment strategy. The company announced the issuance of $50 million in zero-interest bonds. With this funding, the company plans to increase its Bitcoin (BTC) purchases. Metaplanet Issues $50 Million in Bonds to Increase Bitcoin Purchases This bond issuance is Metaplanet's 16th bond sale to date, according to the company's announcement in Japan on May 28, 2025. The bonds were all purchased by Cayman Islands-based investment firm Evo Fund, which has participated in Metaplanet’s previous bond sales and is one of the main institutional partners supporting the company’s long-term Bitcoin accumulation strategy. Following the bond issuance news, Metaplanet shares rose by 9.5% on the Japanese stock exchange. According to Yahoo Finance data, this increase reflects the company’s confidence in its BTC-focused strategy among investors. Metaplanet has been accumulating Bitcoin since April 2024 and aims to reach 10,000 BTC by the end of 2025. Last week, the company announced that it had purchased an additional 1,004 BTC for approximately $104 million. With this latest purchase, the firm’s total BTC holdings reached 7,800. Metaplanet’s new funding move comes as Bitcoin is trading near all-time highs. Last week, BTC rose to $111,889 on exchanges like Coinbase. At press time, BTC was trading sideways at $108,870. In the crypto markets, Metaplanet is often compared to US software company MicroStrategy for its aggressive BTC investment model. The company is the public company holding the most BTC in Asia and ranks 11th globally, according to BitcoinTreasuries.net data. *This is not investment advice. Continue Reading: Japanese Tech Company Metaplanet Issuing Bonds to Buy Bitcoin! Here Are the Details