Metaplanet issued another short-term bond valued at 3.6 billion yen, or about 25 million dollars. The company intends to continue purchasing BTC both as a native structure and through its global subsidiaries.
Metaplanet announced another short-term bond of 3.6 billion yen, or about 25 million dollars. The company intends to resume its BTC purchases with the aim of adding up to 5 thousand BTC by the end of the year.
Metaplanet issued a regular short-term bond with a nominal value of 100 yen, which is due on October 31.
*Metaplanet issues bonds worth 3.6 billion yen with a 0% yield for the acquisition of additional $BTC
— Metaplanet Inc. May 2, 2025
The bond does not yield income, and there is currently no data on the market price at which it will open. The bond is the 12th series of ordinary debt instruments for the company. The redemption of the bond will be financed from the rights to purchase shares of Metaplanet. If the company receives sufficient proceeds from its rights to purchase shares, it may proceed to the immediate redemption of outstanding bonds.
A new bond plan from Metaplanet appeared just a day after the company announced plans to launch a subsidiary in the USA, registered in Florida. The new structure will have a capital of up to 250 million for purchasing more BTC.
Metaplanet boosts confidence in BTC
Previously, Metaplanet covered the outstanding debt by its due date, and the new bond had the same option. The company aims to build a healthy balance with less debt, reflecting its income from BTC.
After the news, Metaplanet's stock continued to rise, trading at 428 yen. The stock increased by almost 20% over the last working week, corresponding to the company's presence on social media and the overall hype among corporate BTC buyers.
Metaplanet traded at peak volumes, attracting attention with its high-profile optimistic outlook on BTC. | Source: Google Finance
CEO Simon Gerovich noted that Metaplanet's trading volumes are increasing, reflecting the recent growth of BTC.
Yesterday marked our 4th consecutive record trading volume. A warm welcome to all our new shareholders
— Simon Gerovich May 2, 2025
Small acquisitions by Metaplanet led more corporations to start forming their treasuries from scratch. In recent weeks, the number of corporate structures has increased to 101 owners, compared to a recent count of 92 companies. The total amount of BTC held in treasuries has risen to 3.26 million coins.
Metaplanet is a relatively small holder, ranking 11th among corporate treasuries. However, the company's high profile and notable marketing have earned it a reputation as Japan's Strategy (MSTR).
Metaplanet continued to buy BTC along with Strategy, albeit on a smaller scale. Others, such as MARA Holdings, have slowed their acquisition schedule. Despite active accumulation of BTC, the market price has not responded to the massive growth so far. However, treasuries have noticeably increased, making holders less inclined to sell or even transfer BTC.
The recent announcement came when BTC was fluctuating around $97,000, indicating a higher purchase price for Metaplanet. The company already has an average purchase price of over $85,000 per BTC, with open market operations in recent weeks.
Corporate Bitcoin buyers will also receive additional attention at the Bitcoin for Corporations conference organized by Strategy. The meeting in Orlando, Florida, will host the most significant BTC buyers from the past year.