Tokyo-based Metaplanet is ramping up efforts to make Bitcoin the centerpiece in its corporate strategy.
As part of this effort, the company announced Monday it had issued 2b yen (about $13.3m) in zero-interest ordinary bonds. These proceeds, it said, will be used exclusively to purchase additional Bitcoin.
The bond issuance, approved during a board meeting on March 31, supports Metaplanetās broader push to position Bitcoin as a central pillar in its corporate treasury.
*Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ZrC5plI1Nc
ā Metaplanet Inc. (@Metaplanet_JP) March 31, 2025 Metaplanet Taps Stock Proceeds to Cover BondsNotably, all bonds will be allocated to EVO FUND and carry no interest, with full redemption scheduled for Sept. 30, 2025. However, early redemption is permitted under specific conditions, giving the bondholder some flexibility.
To fund redemption, Metaplanet plans to use proceeds generated through exercising its existing stock acquisition rights, a mechanism detailed in its Jan. 2025 filings. The company says the financial impact on its 2025 earnings will be limitedābut the strategic implications are far more telling.
Eric Trump Joins Metaplanetās Advisory BoardMeanwhile, Metaplanet has been steadily transforming into a Bitcoin-aligned company, taking cues from US-based MicroStrategy. It began acquiring BTC in April 2024 and currently holds 3,200 Bitcoināworth about $260.8m.
Looking ahead, it has set an even more ambitious public goal to build a 10,000 BTC reserve before end 2025.
The company sees Bitcoin as a hedge against Japanās prolonged economic headwinds, including currency volatility and mounting national debt. Anchoring its balance sheet in BTC, Metaplanet is betting on long-term strength in decentralized assets rather than fiat stability.
Earlier this month, Metaplanet added firepower to its advisory team by appointing Eric Trump, a known crypto advocate, as the first member of its newly formed Strategic Board of Advisors. Trumpās inclusion, the company said, would accelerate its mission of driving Bitcoin adoption.
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