Metaplanet Invests ¥4 Billion to Expand Bitcoin Holdings
Japanese firm Metaplanet raises ¥4 billion through zero-interest bonds to acquire more Bitcoin, aiming for 10,000 BTC by end of 2025.
- Metaplanet raises ¥4 billion via zero-interest bonds.
- Plans to acquire 10,000 BTC by end of 2025.
- Cites Japan’s economic challenges as motivation.
Strategic Expansion of Bitcoin Holdings
Japanese investment firm Metaplanet has announced the successful raising of ¥4 billion (approximately $26.1 million) through the issuance of zero-interest, unsecured bonds. This capital infusion is earmarked for the acquisition of additional Bitcoin, aligning with the company’s ambitious strategy to bolster its cryptocurrency reserves. As of January 28, 2025, Metaplanet held approximately 1,762 BTC and aims to expand its holdings to 10,000 BTC by the fourth quarter of 2025, with a further goal of reaching 21,000 BTC by the end of 2026.
Financial Maneuvering Amid Economic Challenges
The recent bond issuance was backed by investment manager EVO Fund, allowing Metaplanet to secure funds without incurring interest obligations. In a strategic financial adjustment, the company has reduced its yen allocation for Bitcoin purchases from ¥111.3 billion ($723 million) to ¥107.3 billion ($701 million). This move is designed to optimize fund management and mitigate foreign exchange and interest rate risks. Metaplanet cites Japan’s high debt levels, prolonged negative interest rates, and persistent yen depreciation as key motivators for its increased investment in Bitcoin, viewing the cryptocurrency as a hedge against inflation and currency devaluation.
Market Recognition and Future Outlook
Metaplanet’s strategic pivot towards Bitcoin has not gone unnoticed. The company’s stock price has surged by 5,250% over the past year, and its market capitalization has increased by 11,800% during the same period. Additionally, Metaplanet is set to join the MSCI Japan Index on February 28, 2025, a move expected to enhance its visibility among institutional investors and validate its growth trajectory. CEO Simon Gerovich expressed that this inclusion is a significant milestone, reflecting the company’s progress in executing its Bitcoin-centric strategy.
