“Japanese Strategy” Metaplanet to buy another $50 million worth of bitcoins

The company started investing in the first cryptocurrency last April

Metaplanet will place $50 million in bonds to buy bitcoins

28.05.2025 - 15:20

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What’s new? Japanese investment company Metaplanet will raise another $50 million through a private placement of bonds. The $1,25 million face value securities, which do not involve interest payments, will help the company increase its bitcoin holdings.

Press release

What else is known? Metaplanet implemented a BTC strategy last April, which helped its share price (ticker 3350 on the Tokyo Stock Exchange) rise 1530% in a year.

Evo Fund will be the sole bondholder in the new round. This Cayman Islands-based investment firm has subscribed to several Metaplanet bond rounds and has been the main backer of its bitcoin strategy.

The bonds are unsecured and unguaranteed and have no administrator or collateral. This reflects the high degree of trust between the two companies and also shows confidence in BTC’s long-term prospects.

Metaplanet expects the new issue to have minimal impact on its 2025 financial results.

The move follows Metaplanet’s second-largest bitcoin investment, which saw the company buy 1004 BTC worth over $100 million. This increased the company’s holdings to 7800 BTC worth over $800 million. According to BitcoinTreasuries, Metaplanet is up nearly 20% in terms of asset investment.

10x Research recommended shorting Strategy shares

Analysts noted that the securities lagged behind the bitcoin uptrend

Metaplanet’s strategy in Bitcoin has also given a boost to its share price. On May 27, 10x Research reported that Metaplanet’s shares were trading at levels as if bitcoin in its accounts was worth five times its actual price. Analysts added that the company’s investors are significantly overpaying for their indirect investment in BTC.

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