$25M Bond Sale by Metaplanet Aimed at Expanding Bitcoin Holdings

Metaplanet Sells $25M in Bonds to Strengthen Bitcoin Position

Japanese hotel operator Metaplanet (3350) has issued 3.6 billion yen (approximately $24.8 million) in bonds as part of its ongoing strategy to increase exposure to Bitcoin, bringing its total holdings above the 5,000 BTC mark.

In a disclosure this week, Metaplanet confirmed that the bonds were fully purchased by EVO FUND. The debt carries zero interest and will mature at face value on October 31, 2025, though early repayment remains an option at the discretion of the investor.

The proceeds will be used exclusively to purchase additional Bitcoin, consistent with the company’s broader capital strategy announced earlier this year, which includes a rollout of stock acquisition rights.

Metaplanet intends to repay the bond using capital raised from those rights, linking the bond’s redemption timeline directly to investor participation in its equity instruments. Should capital inflows exceed expectations, the firm reserves the right to initiate early repayment.

Shares of Metaplanet closed at 428 yen, marking an 8.6% gain in the latest trading session.