A Japanese Bitcoin treasury firm Metaplanet, issued 2 billion Japanese yen ($13.35 million) in bonds to keep adding to its Bitcoin reserves. The latest action in a string of purchases that began last year May 2024.
Metaplanet announced on February 27 the fresh purchase of Bitcoin with 2 billion yen worth of 0% ordinary bonds.
Source: Metaplant
The notice said that this was the seventh time that Metaplanet had given out ordinary bonds for buying Bitcoin.
Metaplanet is going to put out 40 regular bonds, and each one is worth 50 million yen. On August 26, 2025, the bonds, which have no interest, will be redeemable in full.
As per the company’s claims, the earnings will be distributed to the dedicated Bitcoin treasury acquisition fund of Metaplanet, which is named Evo Fund.
Maintaining a Bitcoin Buying Trend
Metaplanet has bought Bitcoin 17 times since May 13, 2024, and on December 20 same year, it bought the most Bitcoin worth around 619.7 BTC. The company has accrued 2,235 BTC. Valued at roughly $192.4 million.
Metaplanet was started in 1999, but its stock prices on the Tokyo Stock Exchange have been very low since 2013.
Bitcoin Investments Lift Metaplanet Stock
From 200 yen to 6,650 yen in early 2025, Metaplanet’s stock has skyrocketed since it started buying Bitcoin, a 3,225% increase in less than a year.
Its shares have since gone down, and now trade at around 4,000 yen.
Metaplanet revealed their plans to acquire 10,000 Bitcoin by Q4 2025 during the February stock surge. By the end of 2026, it also aims to increase its total holdings of Bitcoin to 21,000 BTC by the end of 2026, which at the current market value would be worth $2 billion.
