Metaplanet issues $13 million in zero-coupon bonds to boost its Bitcoin holdings
A Japanese hotel company has received a 15.5% stake in a cryptocurrency exchange-traded fund.
James Van Straten, AI Boost | Edited by Parikshit Mishra Updated March 31, 2025 1:58 pm UTC Published March 31, 2025 1:52 pm UTC
Key facts:
- Metaplanet now holds the largest stake in the $50 billion BetaShares ETF AUM.
- Metaplanet has issued $13 million in zero-coupon bonds to increase its Bitcoin holdings.
- The company currently holds 3,200 BTC, making it the 10th largest public holder of Bitcoin.
Japanese hotel company Metaplanet (3350) has issued 2 billion yen ($13.3 million) in standard zero-coupon bonds, the proceeds of which will be used to purchase more bitcoin (BTC). The bonds are set to mature on September 30.
Moreover, according to CEO Simon Gerovich, Metaplanet has been added to the BetaShares Crypto Innovators ETF (CRYP), a fund with assets exceeding $50 billion.
Metaplanet has the largest stake in the ETF at 15.5%, ahead of big names like Strategy (MSTR) and Coinbase (COIN), which are in second and third place, respectively.
The ETF is listed on the Australian Securities Exchange (ASX) and gives investors exposure to companies operating in the cutting-edge crypto and blockchain technology sectors. However, the CRYP ETF has fallen 23% since the start of the year.
Metaplanet is currently the tenth largest public Bitcoin holder with 3,200 BTC in assets.
Disclaimer: Portions of this article were generated by AI tools and reviewed by our editorial team to ensure accuracy and adhere to our standards. For more information, see CoinDesk's full AI policy.
