Japanese investment firm Metaplanet Inc. has announced a bold new move—issuing $50 million in 0% ordinary bonds to fund another round of Bitcoin purchases. This comes as Japan grapples with economic instability, pushing investors toward digital alternatives like Bitcoin.
Metaplanet Issues $50M Zero-Interest Bonds
On May 27, Metaplanet launched its 16th Series of Ordinary Bonds, issued to EVO FUND. These zero-interest bonds mature on November 27, 2025, with all proceeds allocated for acquiring more Bitcoin.
Metaplanet CEO Simon Gerovich confirmed the strategy on X, reposting the official announcement and adding, “$50 million more BTC incoming.”
Metaplanet Overtakes El Salvador in BTC Holdings
Just earlier this month, on May 19, Metaplanet acquired 1,004 BTC for approximately $104.3 million, bringing its total holdings to 7,800 BTC. This surpasses El Salvador’s stash of 6,189 BTC, making Metaplanet a rising Bitcoin heavyweight.
The company’s aggressive Bitcoin accumulation comes as Japanese institutions seek BTC exposure amidst an ongoing economic downturn. This strategy has paid off—Metaplanet’s stock price has surged in recent weeks.
Following MicroStrategy’s Bitcoin Blueprint
Metaplanet’s strategy closely mirrors that of MicroStrategy, which recently added 4,020 BTC to its portfolio—bringing its total to 580,250 BTC, worth over $63 billion at current prices.
Despite differences in scale, both companies share a belief in Bitcoin as a long-term hedge against currency devaluation. As of now, Bitcoin is trading at $109,005, marking a 1.47% gain in 24 hours.
Metaplanet: Japan’s First Bitcoin Treasury Company
In 2024, Metaplanet pivoted to become Japan’s first dedicated Bitcoin Treasury Company. The firm also launched a ¥116 billion warrant program—Japan’s largest and lowest-cost equity financing of its kind. Impressively, 87% of the two-year program has already been executed in just the first quarter of 2025.
This bold strategy underscores Metaplanet’s commitment to using Bitcoin as a core reserve asset while setting a precedent for other Japanese firms.
