Metaplanet Expands Bitcoin (BTC) Holdings With ¥3.6 Billion (≈$24.7M) in Ordinary Bonds

Metaplanet, a publicly listed Japanese company, has announced the issuance of ¥3.6 billion (about $24.7 million) in ordinary bonds to expand its Bitcoin (BTC) holdings.

The decision, which was approved by the company’s Board of Directors on May 2, 2025, aligns with Metaplanet’s strategic roadmap. The firm aims to accumulate 10,000 Bitcoins by the end of the year.

The 12th Series of Ordinary Bonds will be issued to EVO FUND, with each bond having a face value of ¥90 million. The bonds will carry no interest and mature on October 31, 2025, with a redemption amount of ¥100 per ¥100 of face value.

“The proceeds raised through this issuance will be allocated to the purchase of Bitcoin,” the firm noted.

The company previously issued bonds for the same purpose in March 18, 2024, raising ¥2 billion ($13.4 million).

To further strengthen its position in the global Bitcoin economy and drive adoption, Metaplanet also formed a Strategic Board of Advisors the same month. Notably, the Japanese firm appointed Eric Trump, the son of former U.S. President Donald Trump, as the first member of the Board of Advisors.

Moreover, Metaplanet acquired 319 BTC in mid-April for around $26.3 million. According to the latest data from Bitcoin Treasuries, the firm now ranks 11th globally among corporate Bitcoin holders.

With a total of 5,000 BTC, Metaplanet has reached half of its 2025 target. The current value of its holdings is $484.2 million, with an average cost per BTC of $85,558, reflecting a profit of +13.1%.

Meanwhile, since starting its BTC purchases, the firm’s stock, 3350:T, has also seen remarkable growth. According to Yahoo Finance, the stock has appreciated 1428.5% over the past year. Its year-to-date performance has been equally impressive, with gains of 22.9%.

Metaplanet’s Bitcoin-focused policy is similar to Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin. BeInCrypto reported that Strategy is also ramping up its Bitcoin plans, allocating $42 billion in equity and $42 billion in fixed income to buy more BTC. The company is targeting a yield of 25% and aims for a Bitcoin gain of $15 billion by the end of 2025, signaling an aggressive expansion of its Bitcoin holdings.