Metaplanet Plans a Further $21M Bond Sale to Buy More BTC
Metaplanet, a Tokyo-based hotel firm, has announced its intention to sell $21.25 million in bonds to acquire more Bitcoin. This decision was made on May 9, 2025, and marks the third bond issuance by the company within a week. Currently, Metaplanet holds approximately 5,555 BTC, valued at around $576 million, making it the leading holder of Bitcoin among publicly traded companies outside North America. The newly issued bonds will not bear interest and are set to mature on November 9. The firm's stock was trading at 524 yen ($3.61), showing a robust performance amid a rising Nikkei 225 index. This proactive approach towards expanding its Bitcoin holdings reflects Metaplanet's strategic commitment to cryptocurrencies in the evolving financial landscape.
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