The Tokyo-based company aims to grow its holdings to 21,000 BTC by 2026, marking one of Asia’s largest Bitcoin-focused fundraising efforts.
The funds, provided by bondholder EVO FUND, will be used to purchase Bitcoin as part of Metaplanet’s strategy to hedge against Japan’s economic uncertainties, including high debt and yen depreciation.
*Metaplanet Completes Raise of 4.0 Billion JPY in 0% Unsecured, Unguaranteed Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/9BIH6fmLqs
— Metaplanet Inc. (@Metaplanet_JP) February 13, 2025
The bonds, which will be redeemed by August 2025, allow Metaplanet to borrow without paying interest, with the principal repaid later.
Metaplanet, which began its Bitcoin acquisition strategy in April 2024, currently holds 1,761.98 BTC, valued at approximately US$186 million. The company plans to increase its holdings to 10,000 BTC by the end of 2025 and has adjusted its financial plans to allocate US$717 million for Bitcoin purchases through February 2027.
The firm has seen remarkable success since adopting Bitcoin as its primary reserve asset, with its market capitalization surging 7,000% and a Bitcoin yield of 309.82% in Q4 2024. Metaplanet will also join the Morgan Stanley Capital International Japan Index (MSCI) on February 28, 2025, enhancing its visibility among institutional investors.
📢 Metaplanet Joins the MSCI Japan Index!
We’re excited to share that Metaplanet will be included in the MSCI Japan Index as of the close on February 28, 2025.
What is MSCI?
MSCI (Morgan Stanley Capital International) is one of the world’s leading providers of stock market… pic.twitter.com/wt3hk7Ww4p— Simon Gerovich (@gerovich) February 13, 2025
“This milestone solidifies Metaplanet’s position as Asia’s leading Bitcoin Treasury Company and expands our reach in global markets,” said CEO Simon Gerovich.
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