Metaplanet Plans $21M Bond Sale to Boost Bitcoin Holdings

Highlights:

• Metaplanet to issue $21.25M in bonds to fund Bitcoin acquisitions, continuing strategy.
• The company currently owns 5,555 Bitcoin, securing its position as the largest corporate Bitcoin holder in Asia.
• Metaplanet’s stock price jumped 40% in a week, fueled by Bitcoin acquisition plans.

Metaplanet Inc., a Japanese investment firm known as the “MicroStrategy of Japan,” is intensifying its Bitcoin acquisition efforts. On Friday, the Tokyo-listed firm announced its plans to raise $21.25 million through the issuance of zero-coupon bonds, which will be used to acquire more Bitcoin. The zero-coupon bonds don’t pay interest. They are sold for less than their value and pay the full amount at maturity.

*Metaplanet Issues 21.25 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/tofk3rKMO8

— Metaplanet Inc. (@Metaplanet_JP) May 9, 2025

Metaplanet’s recent fundraising follows a significant Bitcoin acquisition. On May 7, the company bought 555 BTC for $53.4 million. The average purchase price was $96,134 per coin. Now, Metaplanet holds a total of 5,555 Bitcoin, valued at approximately $482 million. Its average cost per Bitcoin is $86,672. With this acquisition, Metaplanet has become Asia’s largest publicly traded corporate Bitcoin holder. It now ranks 11th among corporate holders globally.

CEO Simon Gerovich is driving the company’s goal to hold 10,000 Bitcoin by 2026, nearly doubling its current holdings. Moreover, on May 7, Metaplanet revealed the issuance of $25 million in zero-coupon bonds to fund additional Bitcoin purchases.

*Metaplanet Issues 25 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ruPsX85Ot1

— Metaplanet Inc. (@Metaplanet_JP) May 7, 2025

Metaplanet Expands to the US, Boosting Stock Price with Bitcoin Strategy

Metaplanet’s U.S. expansion will enable the company to access American capital markets. The firm recently opened a new office in Miami, signaling its focus on North American markets. The company aims to raise $250 million to expand its BTC strategy and access the United States capital markets. Metaplanet’s approach closely resembles that of MicroStrategy, the U.S. firm that pioneered the concept of corporate Bitcoin treasuries and has long relied on debt to finance its Bitcoin purchases.

Metaplanet shares have surged dramatically, driven by strong investor interest in its Bitcoin-focused approach. Over the past year, the stock has jumped more than 1,700%, including a 40% rise in the last week alone. Currently, shares are priced near 524 yen (approximately $3.60). A recent announcement regarding bond issuance sparked a 20% increase on Friday.

BTC Hits $103,000 as Trade Tensions Ease

The announcement comes as BTC climbs sharply, hitting $103,000 earlier on Friday, its highest in three months. Optimism over a possible easing of global trade tensions is driving the surge.

President Donald Trump announced a new trade deal with the United Kingdom on May 8. The agreement includes the removal of certain tariffs, such as eliminating the 25% tariff on UK steel and aluminum exports to the U.S. Traders believe China might soon reach a trade deal with the US. Trump’s positive comments about China added to hopes of resolving the long-running tariff issue.

Recently, Anatoly Aksakov, a leader in Russia’s crypto policy, said conflicts like India-Pakistan tensions push people toward BTC. He explained that Bitcoin helps move money quickly and quietly when banks aren’t working. Aksakov also suggested that some countries might use Bitcoin for weapons deals, though he didn’t mention any by name.