Metaplanet Increases Its Bitcoin Stash Reserves by 555 BTC, Plans to Liquidate Debt to Acquire More Funds
Jamie Crowley | Edited by Sheldon Reback Updated May 7, 2025, 3:40 PM Published May 7, 2025, 8:55 AM
Japanese investment firm Metaplanet (3350) has announced plans to sell a second batch of $25 million in bonds to the EVO FUND to fund further acquisitions of Bitcoin (BTC).
The Tokyo-based company agreed to issue the debt just days after selling the same amount of bonds to the same investor. The bonds, which will not bear interest, mature on Nov. 6, according to a Metaplanet report on X on Wednesday.
In a separate statement, Metaplanet said it had purchased 555 BTC for 7.63 billion yen ($53.5 million), bringing its total holdings to 5,555. According to Bitcoin Treasuries, this is the largest Bitcoin holding by a public company outside of North America.
Metaplanet shares rose about 11.5% to close at 477 yen ($3.33) on Wednesday.
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