Metaplanet raises US$50 million to expand Bitcoin reserves.
- Metaplanet raises US$50 million to buy Bitcoin
- Company expands Bitcoin reserves with new bonds.
- Strategy focuses on Bitcoin accumulation until 2027.
Metaplanet announced The company issued ¥8 billion (approximately US$50 million) in interest-free bonds to increase its exposure to Bitcoin. The operation, announced on Friday, is part of an ongoing strategy by the company to expand its holdings in the leading cryptocurrency on the market.
This is the 20th series of common bonds issued by the company, with a maturity date set for 2027. The maturity date provides a window for the capital raised to be directed towards the purchase of Bitcoin before the principal is liquidated. Considering the current price of approximately US$78 per unit, the amount raised could result in the acquisition of approximately 640 to 700 BTC.
Listed on the Tokyo Stock Exchange, Metaplanet has established itself as the largest corporate holder of Bitcoin in Japan. Currently, the company owns 40.177 BTC, valued at approximately US$3,1 billion. Globally, among publicly traded companies, it ranks third, behind only Strategy and Twenty One Capital.
The expansion plan follows ambitious goals. The company aims to reach 100 BTC by the end of this year and increase that number to 210 BTC by the end of 2027, reinforcing its strategy of continuous Bitcoin accumulation.
Even in the face of a net loss of ¥95 billion (approximately US$619 million) in fiscal year 2025, the company maintains its approach. The negative result was mainly influenced by unrealized losses associated with Bitcoin price fluctuations during the period.
In the first quarter of 2026, Metaplanet added 5.075 BTC to its reserves, equivalent to approximately US$405 million. This movement contributed to a BTC yield of 2,8% during the period.
With recent acquisitions, the company's average purchase cost has reached US$104.106 per Bitcoin, a value above the current market price. Even so, the strategy remains focused on the long term, with new capital raising being used as a tool to increase exposure to the digital asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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