Metaplanet BTC Purchase
Metaplanet, a Japanese firm, has
issued $10 million in zero-interest
bonds to fund another round of Bitcoin
purchases, aiming to reach 10,000
BTC by the end of 2025.
This strategic move helps the
company avoid high exchange fees
and gain access to lower-priced
Bitcoin on international markets,
further solidifying its position as the
10th-largest corporate Bitcoin holder.
Recent Developments
$10 Million Bond Issuance:
Metaplanet issued its 11th series of
ordinary bonds, totaling $10 million, to
EVO FUND.
The bonds carry no interest and are
set to mature on October 14, 2025.
319 BTC Purchase:
Just days before the bond issuance,
Metaplanet increased its Bitcoin stash
by 319 BTC, bringing its total holdings
to 4,525 BTC.
Strategic Goals:
The company aims to reach 10,000
BTC by the end of 2025
and 21,000 BTC by the end of 2026.
Strategic Moves
Avoiding Yen Fees:
By securing capital in USD from the
start, Metaplanet avoids the high
exchange fees imposed by Japanese
banks when converting yen to dollars
for Bitcoin purchases.
Multi-Pronged Approach:
Metaplanet uses a combination of
direct market purchases, cash-
secured put options, and capital
market financing to maximize its BTC
acquisition while minimizing costs.
Performance Metric:
The company tracks its performance
using the "BTC Yield" metric, which
measures the growth of its Bitcoin
holdings relative to outstanding
shares. In Q1 2025, Metaplanet
reported a BTC yield of 95.6%.
Market Impact
Bitcoin Price:
Bitcoin is currently trading around
$83,000, down 25% from its all-time
high of over $109,000.
Despite this, Metaplanet views this as
an ideal time to buy and stack Bitcoin
at lower prices.
Market Position:
Metaplanet's aggressive strategy has
elevated its position to become the
ninth-largest public holder of Bitcoin
globally.
Future Plans
Eric Trump Advisory Role:
Metaplanet recently welcomed Eric
Trump, the second son of US
President Donald Trump, to its
Strategic Advisory Board.
Eric Trump
is expected to help push Metaplanet’s
ambitious BTC acquisition plan.
Long-Term Vision:
The company aims to acquire 10,000
BTC by the end of 2025 and 21,000
BTC by the end of 2026, equivalent to
0.1% of the cryptocurrency’s total
supply.
Conclusion
Metaplanet's strategic funding shift
and aggressive Bitcoin acquisition
plan reflect its strong commitment to
Bitcoin as a long-term store of value.
The company's latest moves position
it as a significant player in the
corporate Bitcoin holding space, with
a clear roadmap for future growth.
