Metaplanet Eyes $21M Bond Offering to Expand Bitcoin Holdings

Metaplanet Bolsters Bitcoin Holdings With Third Bond Sale in a Week

Metaplanet (3350.T), a Japanese hotel and investment company, is continuing its aggressive Bitcoin acquisition strategy with a new bond issuance worth ¥3.3 billion (approximately $21.25 million). The capital will be used to purchase additional Bitcoin, reinforcing the company’s position as the largest publicly traded BTC holder outside North America.

The latest bond agreement, made with EVO FUND on May 9, marks Metaplanet’s third fundraising round in just one week. The previous two bond sales, each worth $25 million, were similarly aimed at expanding the company’s Bitcoin reserves.

Metaplanet stated on X (formerly Twitter) that the newly issued bonds will bear no interest and will mature on November 9, 2025.

Following this move, the firm’s Bitcoin holdings now total 5,555 BTC—valued at approximately $576 million. This places Metaplanet 11th globally among public companies with Bitcoin on their balance sheets.

Shares of Metaplanet rose 2.75% on Friday to close at ¥524 ($3.61), outperforming the Nikkei 225’s 1.56% gain.

  • Related Posts

    Robinhood’s fourth-quarter revenue comes in below estimates as digital asset volumes decline.

    Robinhood’s crypto business took a hit in Q4, as falling digital asset prices weighed on trading activity despite the company’s expansion of crypto features. The brokerage reported $221 million in…

    Continue reading
    Bithumb says major internal control failures created exposure to possible system interference.

    South Korea’s Bithumb has admitted that serious internal control failures led to the accidental transfer of bitcoin worth more than $40 billion to customers, an incident that briefly disrupted trading…

    Continue reading