Japanese company Metaplanet has issued $13.3 million in zero-interest bonds to enhance its Bitcoin reserves, even as Bitcoin prices decline.
Metaplanet's New Bonds
Metaplanet has issued bonds worth ¥2 billion ($13.3 million), which will be redeemed at full face value on September 30. CEO Simon Gerovich emphasized a 'buying the dip' strategy after Bitcoin prices fell to $81,362.
Increasing Bitcoin Holdings
On March 24, Metaplanet acquired an additional 150 BTC, raising its total Bitcoin value to $267 million. This positions the company as the leading Bitcoin holder in Asia, surpassing firms like the Chinese game developer Boyaa Interactive and mining entity Cango.
Past Performance and Current Position
In 2024, Metaplanet gained notoriety as Japan's best-performing public stock due to its aggressive Bitcoin strategy. However, in 2025, growth slowed with shares only up 12.17% year-to-date. A similar strategy by the American firm Strategy also faced challenges, with its stock declining by 3.5%.
Despite current market fluctuations and stock price drops, Metaplanet continues to strengthen its cryptocurrency position, looking towards long-term prospects.
