YEREVAN (CoinChapter.com) —Metaplanet repaid a 2 billion yen ($13.5 million) bond on April 4, months before its official maturity.
The bond was part of the company’s 9th Series of Ordinary Bonds and had no interest. Metaplanet disclosed the repayment in an announcement released on April 7.
The bond, issued in March through Metaplanet’s Evo Fund, was used to buy more Bitcoin. The early repayment will not impact Metaplanet’s financial results for fiscal 2025, as the bond carried a zero-interest rate. The move aligns with the company’s ongoing shift to focus on digital assets, especially Bitcoin.
Metaplanet, listed on the Tokyo Stock Exchange, has changed from a hotel management company to one of the largest corporate Bitcoin holders. The early debt repayment shows that Metaplanet aims to keep its balance sheet in check while building its Bitcoin position. The company continues to prioritize its long-term Bitcoin strategy.
Metaplanet BTC holdings reach over 4,200 Bitcoin
Metaplanet has grown its Bitcoin reserves significantly in recent months. As of the latest update, Metaplanet holds 4,206 BTC. This level places it among the top ten publicly traded companies by Bitcoin holdings, according to company data.
The strategy was made public in January, when Metaplanet announced a plan to buy as much as 21,000 BTC by the end of 2026. To meet this target, the company expects to raise more than $700 million. The funds will be used to acquire more Bitcoin over time.
Metaplanet continues to treat Bitcoin as a central part of its corporate treasury. The firm sees Bitcoin as a reserve asset and is expanding its holdings during market dips. This approach reflects the company’s stated goal to increase Bitcoin reserves while reducing reliance on the yen.
CEO Simon Gerovich responds to Bitcoin price drop
Metaplanet CEO Simon Gerovich shared his view on Bitcoin’s recent price movement. Over the weekend, Gerovich posted on social media that Bitcoin’s volatility is part of its nature. He stated that the asset is rare, diverse, and has long-term use, based on the translated post.
The comments followed Bitcoin’s drop below $80,000 on April 7. The decline happened during a broader sell-off in risk assets, triggered by political events in the United States. Market losses included a $5 trillion drop in the S&P 500 over two trading days.
Despite the price decline, Metaplanet has not changed its Bitcoin-focused strategy. The company has continued to buy Bitcoin during price dips and shows no signs of pausing. Gerovich’s message appeared to support that ongoing approach without shifting the company’s position.