Metaplanet Announces Plans for $21 Million Bond Sale to Acquire More BTC

Metaplanet Deepens Bitcoin Bet With Third Bond Sale in a Week

Metaplanet (3350.T), the Tokyo-based firm known for its aggressive Bitcoin strategy, is doubling down again—this time with a fresh $21.25 million bond issuance aimed at growing its BTC reserves.

The company disclosed on May 9 that it will issue the zero-interest bonds to EVO FUND, marking its third debt sale in just seven days. The bonds are set to mature on November 9, 2025.

This latest move brings Metaplanet’s recent fundraising total to over $71 million, all designated for Bitcoin acquisitions. The firm’s holdings now total 5,555 BTC, valued at approximately $576 million—making it the top publicly-listed Bitcoin holder outside North America and 11th overall worldwide.

Investors appear to back the strategy. Metaplanet’s shares climbed 2.75% on Friday to close at ¥524 ($3.61), outpacing the Nikkei 225’s 1.56% gain.