- Metaplanet raises $26.1M via zero-interest bonds to expand Bitcoin holdings, aiming for 10,000 BTC by Q4 2025 and 21,000 BTC by 2026.
- Stock soars 5,250% in a year as Metaplanet shifts focus to Bitcoin amid Japan’s economic struggles and yen depreciation.
- Institutions eye Bitcoin for reserves, with U.S. states, the federal government, and central banks exploring BTC adoption.
Metaplanet has raised 4 billion Japanese yen ($26.1 million) to increase its Bitcoin reserves. The company shared the news on Feb. 12 through its X account. This funding comes through zero-interest, unsecured, and unguaranteed bonds. EVO Fund, an investment manager, backed the capital, allowing Metaplanet to avoid interest payments.
Aggressive Bitcoin Acquisition Strategy
By Q4 2025, Metaplanet wants to purchase 10,000 Bitcoin, which at current pricing would cost about $957 million. By the end of 2026, the company also hopes to have 21,000 BTC, or $2 billion. As of January 28, Metaplanet has approximately 1,762 BTC. Hence, the company must aggressively purchase Bitcoin in the coming months to meet its goals.
The firm has also adjusted its financial strategy. It reduced the amount of yen allocated for BTC purchases from 111.3 billion yen ($723 million) to 107.3 billion yen ($701 million). This change optimizes its investment while staying committed to long-term Bitcoin accumulation.
Economic Challenges and Market Impact
Metaplanet’s decision to focus on Bitcoin results from Japan’s challenging economic environment. The company cited high debt levels, prolonged real negative interest rates, and persistent yen depreciation as reasons for this strategic shift.
Moreover, in just one year, Metaplanet’s stock has increased by 5,250%. With the addition of 50,000 new owners, the company’s investment base has grown by 500%. In the last 12 months, its market capitalization has increased by 11,800%. These figures indicate strong investor confidence in its Bitcoin-focused strategy.
More companies and institutions are considering Bitcoin for treasury reserves. Michael Saylor’s Strategy (formerly MicroStrategy) and Semler Scientific have seen stock price growth due to Bitcoin purchases. Additionally, Texas, Kentucky, Missouri, and at least 16 other U.S. states are considering investing in Bitcoin.
Bitcoin may be part of the digital asset reserve that the US federal government is considering. Bitcoin is also being considered for inclusion in the reserves of the Czechoslovakia Central Bank.