Tokyo-based investment firm Metaplanet has intensified its commitment to Bitcoin by issuing zero-interest bonds worth 2 billion yen ($13.3 million). The company confirmed on Monday that all proceeds will be allocated exclusively to expanding its Bitcoin holdings. The strategic bond issuance helps the company achieve its mandate to base corporate treasury funds in decentralized digital assets.
EVO FUND completely accepted all the issued bonds during the March 31 board meeting. The ¥50 million face value applies to every bond while their maturity date reaches September 30, 2025. Metaplanet allowed early redemption under specific terms, offering flexibility for the investor.
The company plans to use cash generated from current stock acquisition rights to redeem outstanding bond debts. The bond redemption mechanism described in January 2025 documents aims to reduce the company’s financial impact. However, Metaplanet emphasized that the broader strategic impact of the bond issue is more important.
Metaplanet Doubles Down on Bitcoin Strategy
Metaplanet has steadily transitioned into a Bitcoin-focused company, modeling itself after US-based MicroStrategy. It first began purchasing Bitcoin in April 2024 and has now accumulated 3,350 BTC. Its average acquisition cost stands at approximately $83,000 per Bitcoin.
Despite recent market volatility, Metaplanet remains firm on its goal to hold 10,000 BTC by the end of 2025. It views Bitcoin as a long-term hedge against Japan’s economic uncertainties, such as currency devaluation and public debt. The company aims to protect its treasury from inflationary pressures by reinforcing its Bitcoin reserves.
Management believes that Bitcoin offers greater stability than fiat currencies in the long term. As Japan struggles with economic headwinds, Metaplanet has taken a bold stance. The ongoing accumulation trend demonstrates that executives trust digital assets will maintain elevated values in the coming years.
Eric Trump Joins Advisory Board to Bolster Bitcoin Push
Metaplanet has appointed Eric Trump to its newly established Strategic Board of Advisors to support its expanding Bitcoin-focused vision. Due to his history of cryptocurrency advocacy, the company expects important contributions from Trump. His appointment aims to enhance Metaplanet’s influence and visibility within the global crypto space.
Company leadership expects this strategic move to fast-track Bitcoin adoption initiatives across key markets. Metaplanet believes Trump’s network and experience can offer crucial insights and direction. This inclusion signifies a crucial advancement for the company to join forces with key international figures in digital finance.
The advisory board’s formation indicates the firm’s intent to elevate Bitcoin as a foundational asset. This action demonstrates the company’s expanding dedication to enabling its growth outside Japanese borders. This development adds credibility to Metaplanet’s evolving strategy.
Stock Slides Despite Aggressive Bitcoin Expansion
Despite announcing its ¥2 billion Bitcoin purchase plan, Metaplanet’s stock dropped more than 9% on Monday. Market conditions caused the stock price to drop beneath 400 JPY as traditional Japanese indices lost 4% during their early session. Market participants displayed a conservative attitude due to the impending April 2 date, which some referred to as President Trump’s “Liberation Day.”
Stockholders experienced 23% stock depreciation since the start of the week after an initial strong price rise during March. Selling pressure intensified even as Metaplanet accelerated its Bitcoin acquisition program. The public opinion about this aggressive approach to Bitcoin acquisition shows uncertainty regarding its ability to generate financial gains in upcoming periods.
Meanwhile, Metaplanet’s executive team remains undeterred and is focused on executing its long-term Bitcoin reserve goal. The bond issuance took place under Representative Director Simon Gerovich, who affirmed that the company stands by its present strategic approach. The organization chooses decentralized assets above all other traditional investments in fiat currency.
FAQs
What is the purpose of Metaplanet’s new bond issuance?
Metaplanet will use the entire 2 billion yen from the zero-interest bonds to purchase additional Bitcoin for its treasury.
When will the bonds mature?
The bonds’ maturity date is September 30, 2025, though early redemption is possible under specific conditions.
Who subscribed to the bonds?
All bonds were fully allocated to EVO FUND, offering them exclusive access to this issuance.
How does Metaplanet plan to fund redemption?
The company will fund redemption through proceeds generated from exercising its existing stock acquisition rights filed earlier in 2025.
Why did Metaplanet’s stock price fall despite the Bitcoin purchase?
The stock declined due to overall market pressure in Japan and investor concerns over the short-term financial impact.
Glossary
Metaplanet: A Tokyo-based investment company increasingly focuses on Bitcoin as a core corporate strategy.
Bitcoin (BTC): A decentralized digital currency often used to hedge against inflation and economic instability.
Zero-interest bonds: Debt securities that do not pay periodic interest but are redeemed at face value at maturity.
Stock acquisition rights: Financial instruments allowing holders to buy a company’s stock at a predetermined price.
EVO FUND: The investment entity fully subscribed to Metaplanet’s recent bond issuance.
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