Japanese investment behemoth Metaplanet is causing trouble again, raising $21.25 million through a novel financial action—a zero-coupon bond issue. The funds will straightaway be used for purchasing more Bitcoin, as the firm solidifies its position as one of the leading figures in the world of crypto. The action is bang in line with Metaplanet’s strategy that seems laser-focused on accumulating a large treasury of Bitcoin.
A Daring Financial Plan
Metaplanet is offering “0% Ordinary Bonds”—a development that might raise an eyebrow but by no means interest rates. Zero-coupon bonds don’t typically offer interest; instead, they’re sold at a discount and return face value at maturity. It’s a development that is so far proving lucrative for Metaplanet, as the company keeps filling its vaults with crypto. According to CoinGecko, if Metaplanet were to fund the entire $21.25 million, it could possibly purchase around 206 Bitcoin at current prices. Not a small feat by any means. After a similar move earlier in the year, as described in Metaplanet Issues $25M Bonds to Buy More Bitcoin.
Here’s the twist, however: this isn’t a spontaneous decision. The company’s board of directors sat on May 9 to strategize this latest financial undertaking, and the bonds will be retired on November 7, 2025. The deal also includes a 14th Stock Acquisition Rights of EVO Fund, an investment management firm based in the Cayman Islands. It’s a calculated risk, but Metaplanet has shown that it’s not one to be shy when it comes to taking the long view.
Expanding Horizons
Metaplanet’s goals don’t stay on Japan’s beaches. On May 1, the company said it will open a fully-owned U.S. subsidiary—Metaplanet Treasury—in Florida. With a target of raising an astronomical $250 million, this new initiative reflects the company’s aggressive move to tap into U.S. capital markets and build its Bitcoin-focused strategy further. For more details of this strategic foray, see Metaplanet Registers U.S. Treasury Arm to Grow Its Bitcoin Reserve Strategy.
The timing couldn’t be more opportune. Metaplanet recently announced the purchase of 555 Bitcoin at $53.4 million, averaging out at $96,134 per Bitcoin. These moves have turned Metaplanet into Asia’s largest public corporate Bitcoin holder, with a healthy 5,555 BTC worth $481.5 million. These numbers underscore the company’s dedication to Bitcoin, even though its shares (3350T) have increased more than 1,600% over the last year and now trade at 511 Japanese yen ($3.50) as per Google Finance.
A Broader Trend
Metaplanet is not alone in its crypto mission, though. The practice of Bitcoin Treasury Companies trading cash reserves for Bitcoin is gaining momentum, with the likes of Michael Saylor’s Strategy (previously MicroStrategy) at the forefront. Strive Asset Management has also been planning to become a Bitcoin treasury company, while GameStop Completes $1.5 Billion Offering to Fund Bitcoin Reserve with some of the funds to be used for buying Bitcoins.
These events are indicative of a wider trend in the corporate world, where Bitcoin as a hedge against traditional market volatility is increasingly attractive. The more companies head in this direction, the more doubts exist regarding the sustainability of such a trend. Will Bitcoin continue to be a refuge in stormy economic waters?
Looking Ahead
Metaplanet’s aggressive financial strategies represent a confident foray into the future, a future in which Bitcoin is no longer an investment trifle but a savvy bet. As the company itself continues to cement its position within the crypto economy, it raises some fascinating questions regarding the new role of Bitcoin within corporate finances. Will other firms be tempted to take the same step, and how will this reshape the corporate treasury management dynamic? Notably,Metaplanet’s Strategic Acquisition of 1,111 BTC Reaches 10% of 2026 Goal showing how these moves are not just impulsive but are part of a long term vision. For the time being, Metaplanet’s game plan is obvious: stock up on Bitcoin, look for market changes in advance, and make hay while the digital gold rush happens. Whether or not this can last remains to be determined, but one thing is certain—Metaplanet is not merely surfing the crypto wave; it’s influencing it.
Source
This article is based on: Metaplanet Issues $21M in Zero-Interest Bonds to Push Bitcoin Holdings Toward 10K BTC Goal
Metaplanet issues $21M in bonds to buy Bitcoin, a day after $50M raise
Further Reading
Deepen your understanding with these related articles:
- Bitcoin price prepares for volatility as spot supply vanishes
- Bitcoin price targets mushroom as traders bet on $140K+ this bull run
- Strategy adds $1B in Bitcoin as Israel-Iran conflict pressures markets
Nicholas Newman is a 19-year-old based in Westchester, NY. He began his college journey at Iona University in New Rochelle and is now a student at Fordham University’s Gabelli School of Business in the Bronx NY, majoring in Accounting and Finance. Nicholas has been actively involved in the crypto space since 2020, both on the investment side and in development, and continues to explore opportunities at the intersection of finance, technology, and digital assets.
