Metaplanet Investment Issues $24.8M Zero-Interest Bonds to Buy Bitcoin

The Tokyo-based investment firm Metaplanet Investment issued $24.8 million in zero-interest bonds to fund the acquisition of further Bitcoin assets

Tokyo-based investment firm Metaplanet Investment has issued $24.8 million in zero-interest bonds to fund the acquisition of further Bitcoin assets for its cryptocurrency strategy.

The firm announced on Wednesday that the bonds will mature in October 2025. The move marks a significant strategic choice by Metaplanet to boost its Bitcoin asset acquisition.

Its aim is to purchase over 5,000 BTC. The collected bond funds serve a single purpose - to buy additional Bitcoin, which strengthens the company’s leadership position among corporate cryptocurrency investors.

The company will use funds from the announced stock acquisition rights to pay back the issued bonds. Metaplanet employs zero-interest bonds as a financial strategy to achieve both liquidity and swift Bitcoin acquisition.

The company’s stock price increased by 64% during 2024, indicating market support for Metaplanet’s strategic approach. Investors are showing increasing confidence in Bitcoin’s long-term position as a core asset through its rising stock price.

The newest bond release from Metaplanet demonstrates that the company continues to support Bitcoin as its fundamental strategic asset. The firm maintains a leading position in regional corporate cryptocurrency adoption, which creates a benchmark for other businesses in the area.

Metaplanet is known for its bold moves in the cryptocurrency domain. Earlier this year, it unveiled plans to integrate blockchain technology within its operations. This step is part of broader efforts by Japanese companies to adopt Web3 technologies.

Metaplanet’s interest in Bitcoin stems from its ability to increase in value over the long term. The company’s stock price on the Tokyo Stock Exchange has decreased by 2.2% following the announcement.

Its prior Bitcoin acquisitions began in April 2024 at a total cost of $137 million. By 2026, the firm hopes to have amassed 21,000 BTC, making it one of the largest Asian corporations to own Bitcoin.