Metaplanet Issues $50 Million in Zero-Interest Bonds to Fund Bitcoin Purchases

Gate News message, April 24 — Japanese bitcoin treasury firm Metaplanet announced on Friday that it is issuing 8 billion Japanese yen (approximately $50 million) in zero-interest ordinary bonds to fund future bitcoin purchases. The bond issuance was fully subscribed by EVO Fund, a Cayman Islands-based investment firm, marking Metaplanet's 20th bond offering.

Metaplanet, Japan's largest corporate holder of digital assets, has been consistently accumulating bitcoin since April 2024. In the first quarter of 2026, the firm purchased 5,075 BTC, bringing its total holdings to 40,177 BTC as of March 31. This positions Metaplanet as the third-largest bitcoin treasury firm globally.

The bond issuance comes despite Metaplanet reporting a $619 million net loss for fiscal year 2025, primarily driven by unrealized valuation losses on its bitcoin holdings. Bitcoin, which reached an all-time high of approximately $126,000 in October 2025, is currently trading at $77,800, up 10% over the past month.