Japanese investment firm Metaplanet has raised 2 billion yen ($13.4 million) through a fresh round of zero-interest bond issuance, reinforcing its commitment to Bitcoin accumulation.
A newly released shareholder report confirms that Metaplanet will use the proceeds to acquire more BTC, with Evo Fund as the sole bondholder. The debt carries no interest and is scheduled for full repayment by September 17, 2025.
The firm has been steadily increasing its BTC reserves by capitalizing on market dips. Just last week, it added 162 BTC for $13.5 million at an average price of $83,123 per coin.
With this latest purchase, Metaplanet now holds 3,200 BTC, valued at around $265 million. This positions the company among the top ten publicly traded Bitcoin holders, as per Bitcointreasuries.net.
Metaplanet’s approach echoes the treasury strategies of major firms in the U.S., further cementing its belief in Bitcoin as a long-term store of value.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.