Japan’s ‘MicroStrategy’ Metaplanet Issues $50M Bonds To Buy More Bitcoin
Highlights
- Japan's Metaplanet is issuing $50 million worth of ordinary bonds.
- The proceeds will be used to buy additional Bitcoin as it currently holdings sit at 40,177 BTC.
- The company is increasingly adopting Strategy's playbook of using equities and capital raising for acquiring BTC.
Metaplanet, a Tokyo-based investment firm, has issued ¥8 billion ($50 million) zero-interest ordinary bonds. The raised funds will be used to buy more Bitcoin (BTC). The move indeed solidified its position as Japan’s ‘MicroStrategy’.
Metaplanet Issues $50M Zero-Interest Bonds
A company filing on April 24, 2026 shows that the bonds will be allocated to its EVO FUND. These bonds exhibit no interest and can be redeemed in April 2027. The structure will enable Metaplanet to raise capital without the direct cost of financing.
It also provides flexibility with early redemption features. The money is specifically allocated to purchase Bitcoin, which further supports a single treasury of the firm.
Since 2024, Metaplanet has evolved into a full-fledged Bitcoin treasury company, with an aggressive accumulation strategy. However, it was a traditional business operator in the past.
Recently, the company has also been repeatedly accessing capital markets such as equity, warrants and debt to grow its BTC portfolio. It is mirroring Michael Saylor’s Strategy (previously MicroStrategy) playbook, which relies on MSTR offerings and STRC stock for BTC purchases.
How Much BTC Does The Japanese Bitcoin Treasury Firm Hold?
Metaplanet is now one of largest corporate Bitcoin owners in the world owing to such initiatives. Though Metaplanet suffered massive losses in the volatile market, it owned over 35,000 BTC worth about $2.5 billion by early 2026. Currently, the firm holds 40,177 BTC worth $3.11 billion at current rates, per on-chain tracking crypto tools.
Moreover, it’s worth noting that Metaplanet bought 5,075 BTC in the beginning of this month. However, Strategy still leads the race with over 815,000 BTC as it acquired an additional $2.54 billion in Bitcoin this week.
Nonetheless, Metaplanet has stated that they have ambitious goals as it looks to dominate the Bitcoin treasury race. The company is working towards possessing up to 100,000 BTC in 2026 and 210,000 BTC in 2027 (around 1% of the total supply).
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