Metaplanet’s Strategic Use of Bitcoin as Treasury Reserve

Metaplanet has firmly established itself as one of Asia’s leading Bitcoin-acquiring firms, and its ambitions show no signs of slowing down. Following recent news of its continued Bitcoin purchases, the Japanese company announced the issuance of ordinary bonds with a one-year tenure. Proceeds from the bond issuance are intended to fund additional Bitcoin acquisitions.

According to a company communiqué, the bonds will carry an annual interest rate of 0.36% and will mature for redemption on November 17, 2026. The Tokyo-listed company revealed that the issuance is valued at $11.3 million, equivalent to approximately 1.75 billion Japanese yen.

Currently, Metaplanet holds 1,018.17 BTC, valued at approximately $93.5 million at current market prices. Analysts view the company’s aggressive Bitcoin strategy as a prudent move, at least in the short term, with immediate benefits reflected in its stock market performance.

On Monday, Metaplanet’s stock price closed 0.81% higher at 1,994 Japanese yen on the Japanese stock exchange. Year-to-date, its stock value has surged an impressive 1,146%, according to data from Google Finance.

Last month, the company completed licensing procedures for stock acquisitions, raising 10 billion Japanese yen (approximately $66 million). Dubbed “Asia’s MicroStrategy,” Metaplanet is leveraging its Bitcoin holdings as a strategic treasury reserve, a move that continues to garner attention in the financial world.

Just last week, Metaplanet reported gains exceeding $28 million from its Bitcoin holdings, thanks to the recent Bitcoin price surge. The cryptocurrency’s continued upward trajectory—buoyed by optimism following the U.S. election—has bolstered shareholder confidence in companies like Metaplanet, which strategically integrate BTC into their financial strategies.

Despite Metaplanet’s aggressive Bitcoin purchases, it remains far behind MicroStrategy, the world’s largest Bitcoin-holding company. MicroStrategy currently boasts a staggering 278,420 BTC in its reserves.