LATEST: Japan’s Metaplanet Raises $11.3M Bonds for Bitcoin Acquisition

Japanese investment powerhouse Metaplanet Inc. has launched a bold financial maneuver by announcing the sale of ordinary bonds valued at 1.75 billion yen ($11.3 million). Scheduled for one year, these bonds carry a modest annual interest of 0.36% and are earmarked specifically for expanding the company’s bitcoin holdings. Set for redemption on November 17, 2025, this strategic move underscores Metaplanet’s commitment to integrating bitcoin into its treasury operations.

CEO Simon Gerovich fueled excitement within the crypto community by revealing the company’s ongoing bitcoin acquisition strategy on X. Metaplanet, already known for its substantial bitcoin portfolio, now boasts 1,018.17 BTC, valued at approximately $93.5 million. This substantial holding cements its position as one of Asia’s top corporate bitcoin investors, illustrating a growing trend among companies to diversify into digital assets.

The announcement had a positive impact on Metaplanet’s market performance, with its shares climbing 0.81% to close at 1,994 yen on Monday, marking a staggering 1,146% increase year-to-date. This surge contrasts sharply with the broader market downturn, highlighted by the Nikkei 225’s drop of 1.09% on the same day.

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