Investment firm Metaplanet has taken strategic steps to increase its Bitcoin holdings through bonds.
Bitcoin Acquisition Strategy
Metaplanet has issued bonds worth 3.6 billion yen (approximately $24.7 million) to expand its Bitcoin holdings via the EVO FUND. This latest bond issuance marks the twelfth to date and will end on October 31, 2025. The company currently holds 5,000 BTC valued at about $484 million.
New U.S. Subsidiary
Metaplanet's board has approved the creation of a subsidiary, Metaplanet Treasury Corp, in Miami, Florida, aiming to enhance access to institutional equity and improve Bitcoin acquisition efficiency. Initially, it will be capitalized with $10 million, with plans to raise $250 million to support the parent company's long-term strategies.
Market Success
Metaplanet's stock saw a 10.4% rise on the Tokyo Stock Exchange, reaching 435 yen. The company's strategic expansion into digital assets has generated high trading volumes.
With a recent bond issuance of $24.7 million and expansion plans in the U.S., Metaplanet is reinforcing its commitment to Bitcoin, highlighting its aspirations in the cryptocurrency arena.
