Metaplanet Expands Bitcoin Holdings With $13.4M Bond Issuance

Japanese investment firm Metaplanet has raised 2 billion yen ($13.4 million) through the issuance of zero-interest bonds, further reinforcing its commitment to Bitcoin accumulation. The bonds, backed by stock acquisition rights, were fully allocated to Evo Fund and are set for redemption on September 17.

A portion of the raised capital was used to acquire 150 BTC, valued at approximately $12.5 million. This follows last week’s purchase of 162 BTC for $13.5 million at an average price of $83,123 per coin.

Metaplanet has been consistently expanding its Bitcoin holdings, leveraging bond issuances to take advantage of price corrections. With BTC currently trading around $83,300—24% below its January all-time high—the company continues to see value in accumulating at these levels.

As a result of this latest acquisition, Metaplanet now holds 3,200 BTC, valued at roughly $265 million, ranking it as the 10th-largest publicly traded company in terms of Bitcoin holdings, according to BitcoinTreasuries.net.