Metaplanet Inc. Deepens Its Bitcoin Commitment with a $10M Move to Boost Its Holdings

Japanese-listed firm Metaplanet Inc. is deepening its Bitcoin commitment with a fresh $10 million move, further cementing its reputation as Asia's boldest corporate player in the crypto space.

Japanese-listed firm Metaplanet Inc (TYO:3853) is deepening its Bitcoin commitment with a fresh $10 million move, further cementing its reputation as Asia’s boldest corporate player in the crypto space.

This time, the company has issued zero-coupon dollar-denominated bonds to EVO FUND to boost its Bitcoin holdings while strategically avoiding any financial strain.

Dollar Bonds Over Yen—A Smarter Route to Bitcoin

Metaplanet’s latest bond issuance, maturing on October 14, follows the structure of its earlier yen-based offerings but with a key adjustment—funding directly in US dollars. This shift, as explained by CEO Simon Gerovich in his X post, is a move to sidestep the high and often unreasonable exchange fees imposed by Japanese banks when converting yen to dollars for Bitcoin purchases.

However, by securing capital in USD from the outset, the company avoids those conversion costs and gains access to cheaper Bitcoin prices available in international markets. This results in a lower average cost of acquisition, allowing Metaplanet to stretch its investment further and boost overall shareholder value.

Notably, from January to March 2025, Metaplanet reported a BTC Yield of 95.6%. Between April 1 and April 14, the yield was 6.5%, showing continued growth even in a shorter time frame.

Bitcoin Buying Spree Continues

Metaplanet’s aggressive strategy hasn’t slowed down. Just days before this announcement, the company increased its Bitcoin stash by 319 BTC, taking its total to 4,525. Earlier this month, it added 150 BTC, followed by another 156 BTC, chipping away at its ambitious goal of holding 21,000 BTC by 2026.

These purchases come as Bitcoin trades around $83,000 and is down 25% from its all-time high of over $109,000. This is also seen as the best time to buy the dip and stack Bitcoin at lower prices.

Earlier this year, the company also announced plans to buy back up to 30% of its own stock in a move set to return capital to shareholders and potentially boost earnings per share.

Following Strategy-Inspired Blueprints

Often called “Asia’s Strategy,” the company’s roadmap reflects the US firm’s Bitcoin-heavy model. While Strategy holds over 500,000 BTC, Metaplanet is quickly catching up and already ranks 10th globally among public Bitcoin holders, according to BitcoinTreasuries data.

With its stock reacting positively to Bitcoin buys, such as a 19% jump after a $44 million acquisition in March, the company appears to be gaining traction both financially and strategically.

Earlier this year, Metaplanet announced that it had no plans to sell any of its Bitcoin holdings despite the cryptocurrency’s recent volatility. The company’s commitment to Bitcoin is evident in its actions, having begun buying the cryptocurrency in 2024.

Exploring US Listing and Expanding Network

As part of its international expansion plans, Metaplanet is exploring a US stock market listing to broaden its investor base beyond Japan.

The company is also aiming to expand its global presence and influence in the Bitcoin economy by adding Eric Trump, former White House advisor and son of former US President Donald Trump, to its newly formed strategic advisory board.

With bold moves, growing credibility, and an expanding network, Metaplanet is quickly becoming a major player in the corporate crypto race.