YEREVAN (CoinChapter.com) —Metaplanet issued 2 billion yen (around $13.3 million) in zero-interest bonds to buy more Bitcoin.
The bond sale was confirmed in a March 31 regulatory filing. The company made the decision during a recent Bitcoin price decline.
The bonds were distributed through the firm’s Evo Fund. Investors can redeem them at full face value by September 30, 2025. Metaplanet CEO Simon Gerovich said on X that the move was to capitalize on the lower market price of Bitcoin.
At the time, Bitcoin was trading at $82,000, nearly 25% below its all-time high of $109,000.
Metaplanet Bitcoin Holdings Now Stand at 3,300 BTC
As of the latest update, Metaplanet holds about 3,300 BTC, valued at roughly $1.23 billion, based on data from BitcoinTreasuries. This makes Metaplanet the largest corporate Bitcoin holder in Asia and 10th worldwide.
In early March, the company acquired 150 BTC. Later in the same month, it purchased another 156 BTC, continuing its aggressive Bitcoin accumulation. The company has set a goal of holding 21,000 BTC by 2026.
The Metaplanet share price also reacted to these actions. After spending $44 million on BTC, the stock jumped 19% in a single day.
Metaplanet Strategy Mirrors MicroStrategy’s Bitcoin Focus
Metaplanet’s Bitcoin strategy has drawn comparisons to that of MicroStrategy, now called Strategy, a US-based firm that holds over 500,000 BTC, worth close to $82 billion. That figure represents over 2% of Bitcoin’s total 21 million supply limit.
Due to the similarity, Metaplanet is often called “Asia’s MicroStrategy.” Both companies follow a focused corporate plan around Bitcoin accumulation, using company funds and debt to increase their holdings.
The consistent BTC purchases by Metaplanet suggest a structured, long-term strategy aligned with its financial reports and public filings.
Metaplanet Eyes US Listing as It Grows BTC Portfolio, Eric Trump Joins Metaplanet Strategic Board
Metaplanet is also exploring a possible US stock listing, aiming to make its shares more accessible. The announcement came shortly after the firm’s 156 BTC purchase.
Simon Gerovich stated:
“We are considering the best way to make Metaplanet shares more accessible to investors around the world.”
This potential move aligns with the company’s global expansion plans and comes alongside its ongoing Bitcoin accumulation strategy.
In March, Metaplanet appointed Eric Trump to its newly formed strategic board of advisers. Eric is the son of former US President Donald Trump.
Company representatives explained:
“Eric Trump brings a wealth of experience in real estate, finance, brand development, and strategic business growth and has become a leading voice and advocate of digital asset adoption worldwide.”
This move highlights Metaplanet’s effort to build influence in the US market and strengthen its position in the global Bitcoin economy.