To Boost Its Bitcoin Reserves, Metaplanet Plans Another $21M Bond Sale

Metaplanet Accelerates Bitcoin Accumulation With $21.25M Zero-Coupon Bond Issuance

Metaplanet (3350.T), the Tokyo-based hospitality and investment firm, is continuing its rapid Bitcoin accumulation strategy with a new ¥3.3 billion ($21.25 million) bond issuance, further solidifying its role as a major corporate player in the crypto space outside North America.

The latest issuance, confirmed on May 9, will be allocated to EVO FUND. This marks the third bond sale by Metaplanet in the span of a week, following two prior rounds of $25 million each, all dedicated to Bitcoin purchases.

The company disclosed via a post on X (formerly Twitter) that the bonds are zero-coupon—meaning they will not accrue interest—and are set to mature on November 9, 2025.

With this move, Metaplanet’s total Bitcoin holdings have reached 5,555 BTC, valued at approximately $576 million. That places the company 11th among public firms globally by Bitcoin assets, and first outside of North America.

Market response was favorable, with Metaplanet shares rising 2.75% to close at ¥524 ($3.61) on Friday, outperforming Japan’s Nikkei 225 index, which climbed 1.56%.