Metaplanet confirmed receiving 4 billion yen from the Evo Fund to strengthen its position in the Bitcoin market. The funds will be used to increase cryptocurrency purchases and develop Bitcoin-related business avenues.
Metaplanet's Financial Strategy
Metaplanet announced this week that it raised 4 billion yen through its sixth bond issuance. The company has adjusted its original capital use plan to mitigate currency and interest rate risks. All proceeds will go towards acquiring Bitcoin, with a target to double tokens by the end of 2026.
Bitcoin Investments and Implications
The company plans to increase its assets to 21,000 BTC in treasury by the end of 2026. It aims to invest 107.3 billion yen in Bitcoin by February 2027 and 5 billion yen in Bitcoin income-generating businesses by December 2025. Metaplanet views Bitcoin as a primary reserve asset and a hedge against inflation.
Market Impact and Company's Stock
Metaplanet's stock reached an all-time high, driven by its crypto asset strategy. The company will be included in the MSCI Japan index, increasing its appeal to institutional investors. In 2024, its shareholder base grew by 500% due to new individual investor programs.
Metaplanet continues to expand its presence in the Bitcoin market by actively securing new investments. This is part of the company’s broader strategy to enhance corporate value despite economic challenges.
