Metaplanet in Japan has unveiled the release of its 10th Series of Ordinary Bonds, successfully raising ¥2 billion ($13.33 million) to support further acquisitions of Bitcoin.
The bonds are issued without any interest and are set for full redemption by September 30, 2025, according to the company’s filing dated March 31. The entire amount raised has been dedicated to EVO FUND. This initiative is part of Metaplanet’s bold strategy to accumulate Bitcoin (BTC) aggressively.
On March 24, the organization added 150 BTC to its reserves at an average cost of ¥12.57 million ($80,000) per BTC, increasing its total holdings to 3,350 BTC. Since officially adopting Bitcoin as a core asset in 2024, Metaplanet has invested ¥42.22 billion ($270 million) in Bitcoin, positioning itself as the largest corporate Bitcoin holder in Asia.
A key metric tracked by the company, Bitcoin Yield, measures the growth percentage of BTC holdings against fully diluted shares. This figure saw a remarkable increase of 309.8% in Q4 2024 and currently stands at 68.3% for Q1 2025.
Since embarking on its Bitcoin accumulation journey, Metaplanet’s stock price has surged over 3,000%, reflecting a strong market reaction. By 2025, the company aims to hold 10,000 Bitcoin, with a goal of reaching 21,000 by 2026.
Beyond bond issuance and Bitcoin acquisitions, Metaplanet has been expanding its leadership team. On March 21, the firm announced Eric Trump’s appointment to its newly established advisory board. With a background in real estate and finance, Trump is anticipated to provide valuable business insights to help develop “one of the world’s leading Bitcoin Treasury Companies,” as stated by CEO Simon Gerovich.
Gerovich mentioned that the new advisory board will consist of significant voices and thought leaders dedicated to advancing Bitcoin adoption and fostering financial innovation. With the recent bond issuance and leadership changes, the company is intensifying its commitment to securing its future through Bitcoin.