Lucía Peña
Japanese investment firm Metaplanet has secured $50 million through a zero-interest bond issuance to continue expanding its bitcoin portfolio. The company, widely referred to as “Asia’s MicroStrategy”, confirmed the funding in a regulatory filing published Thursday.
This latest bond sale marks the firm’s 16th issuance, and it was completely subscribed by Evo Fund, a Cayman Islands-based investment group that has consistently supported Metaplanet’s BTC accumulation efforts.
Stock Jumps After Strategic Bitcoin Funding Move
Following the funding announcement, Metaplanet’s shares surged 9.5% on the Tokyo Stock Exchange at the close of trading on May 28, according to Yahoo Finance. The boost reflects growing investor confidence in the company’s aggressive strategy as bitcoin flirts with all-time highs.
Last week, BTC briefly hit $111,889 on major exchanges like Coinbase before stabilizing around $108,870, per pricing data from PRIME.
Metaplanet Aims for 10,000 BTC by End of 2025
Since launching its bitcoin investment strategy in April 2024, Metaplanet has rapidly become Asia’s largest publicly traded holder of BTC, and currently ranks 11th worldwide, based on data from BitcoinTreasuries.net.
In a recent update, the company disclosed a new acquisition of 1,004 BTC worth approximately $104 million, bringing its total holdings to 7,800 BTC. Metaplanet has publicly stated its ambitious target of reaching 10,000 BTC by the end of 2025, signaling its strong long-term commitment to digital assets.
