Metaplanet has been consistently purchasing Bitcoin for the past eight months, leveraging low-interest borrowing to expand its holdings. The latest bonds, set at an annual interest rate of 0%, are expected to mature on June 16, 2025. Profits from previously issued warrants will be used to redeem the bonds upon maturity.
The company has outlined plans to issue additional bonds in the future, aiming for a total of ¥5 billion in private placement bonds. This strategy mirrors MicroStrategy’s Bitcoin investment playbook, further solidifying Metaplanet's position as Japan’s leading corporate Bitcoin holder.
This announcement comes just a month after Metaplanet issued bonds worth ¥1.75 billion (around $12 million), priced at ¥43.75 million per bond with a 0.36% interest rate. At the time, Metaplanet held nearly $100 million worth of BTC.
Meanwhile, U.S.-based MicroStrategy recently bolstered its Bitcoin holdings, acquiring 15,350 BTC for $1.5 billion at an average price of $100,386 per Bitcoin. MicroStrategy now owns 439,000 BTC, maintaining its position as the largest corporate Bitcoin holder.
Metaplanet’s aggressive bond strategy highlights its confidence in Bitcoin’s long-term value and its growing appeal as a corporate treasury asset. As institutional interest in Bitcoin continues to rise globally, Metaplanet is positioning itself to lead Japan’s crypto adoption wave.