According to Cointelegraph, Japanese firm Metaplanet has issued bonds worth 2 billion Japanese yen ($13.3 million) to increase its Bitcoin holdings. The zero-interest bonds, allocated through its Evo Fund, are aimed at capitalizing on the recent dip in Bitcoin prices. Investors can redeem these securities at full face value by September 30, 2025. This move aligns with Metaplanet's strategy to accumulate Bitcoin, as the cryptocurrency trades around $82,000, down nearly 25% from its peak of over $109,000.
Metaplanet, recognized as Asia's leading corporate Bitcoin holder and the tenth largest globally, currently possesses approximately 3,200 Bitcoin valued at about $1.23 billion. The firm's approach is often compared to that of Strategy (formerly MicroStrategy), a U.S.-based company known for its significant Bitcoin investments. Strategy holds over 500,000 BTC, valued at nearly $82 billion, representing more than 2% of the total Bitcoin supply. Earlier this month, Metaplanet acquired 150 Bitcoin, progressing towards its goal of amassing 21,000 BTC by 2026. In March, the company's stock surged by 19% following a $44 million Bitcoin purchase.
Metaplanet is also exploring a potential U.S. listing, having recently acquired an additional 156 BTC. CEO Simon Gerovich expressed the company's intent to make its shares more accessible to global investors. In a strategic move, Metaplanet appointed Eric Trump, son of U.S. President Donald Trump, to its newly formed board of advisers. This appointment is part of Metaplanet's mission to establish itself as a global leader in the Bitcoin economy. Company representatives highlighted Eric Trump's expertise in real estate, finance, and brand development, noting his advocacy for digital asset adoption worldwide.
