Metaplanet has taken a bold step in its Bitcoin strategy by issuing ¥2 billion ($13.3 million) in zero-interest bonds, a move aimed at expanding its cryptocurrency holdings.
According to a company filing, the debt securities will be distributed through Metaplanet’s EVO FUND, allowing investors to redeem them at full value by September 30, 2025.
CEO Simon Gerovich confirmed the firm’s aggressive approach, declaring they were “buying the dip” amid a slight market downturn. Despite Bitcoin trading below $81,800, Metaplanet remains Japan’s largest corporate BTC holder, with an estimated $260 million invested in the asset.
Its latest purchase brings its reserves to approximately 3,200 BTC, making it the tenth-largest corporate holder globally, according to BitcoinTreasuries. The firm has also expanded its leadership team, adding Eric Trump, son of the U.S. president, to its advisory board.
Market experts see Metaplanet’s move as a testament to Bitcoin’s long-term value. Paul Howard, Senior Director at Wincent, described the company’s BTC acquisition as a bullish signal. However, Metaplanet’s stock tumbled following the announcement, reflecting broader losses in Japan’s Nikkei 225 amid concerns over upcoming U.S. tariffs set to take effect on April 2.
Analysts suggest global markets are bracing for the impact of new trade policies. Howard noted that the Nikkei’s early reaction could set the tone for other stock exchanges. CoinPanel CEO Aran Hawker echoed this sentiment, pointing to macroeconomic uncertainty as a key driver of recent market volatility. He emphasized that geopolitical and economic concerns could push investors toward safer assets in the near term.
Bitcoin mining has undergone a notable shift over the past decade, moving away from hydrocarbon fuels and adopting more sustainable energy practices.
In a recent live address, U.S. President Donald Trump declared that a new base tariff of 10% would be applied universally to all countries.
Metaplanet, a Tokyo-based investment firm, has continued its aggressive push into Bitcoin by acquiring an additional 160 BTC for approximately $13.3 million.
Bitcoin’s downward trend could persist longer than expected, according to some analysts who see similarities with the 2022 bear market.