Japanese Bitcoin investment firm Metaplanet has secured $26 million (4 billion yen) through the issuance of zero-interest, unsecured, and unguaranteed bonds, according to a Feb. 13 statement.
The company intends to use the proceeds to strengthen its Bitcoin reserves as part of its broader financial strategy.
Fundraise
Metaplanet said the funds were raised from EVO Funds and would be used to accelerate its transition to a Bitcoin-focused treasury model.
According to the firm, Japan’s economic conditions—marked by prolonged negative interest rates, high national debt, and a weakening yen—have prompted it to adopt Bitcoin as a hedge against financial instability.
It also explained that its focus on Bitcoin stems from the asset’s potential to safeguard against currency depreciation while positioning the firm for long-term growth.
Metaplanet said it had allocated JPY 111.313 billion (over $700 million) to Bitcoin acquisitions and currently holds 1,761.98 BTC, valued at JPY 27.9 billion ($181 million) as of Jan. 28, 2025.
Looking ahead, the company aims to accumulate at least 10,000 BTC by the end of 2025. It also plans to tap into global financial markets through additional bond issuances and stock acquisition rights to reach 21,000 BTC by 2026.
MSCI Japan Index
Metaplanet is set to join the Morgan Stanley Capital International (MSCI) Japan Index on Feb. 28, 2025.
On Feb. 13, CEO Simon Gerovich announced the development on X, highlighting it as a milestone that elevates the company’s profile within the financial sector.
The MSCI Japan Index, widely used by institutional investors, tracks mid- and large-cap stocks, serving as a key benchmark for global funds seeking exposure to Japan’s equity market. With this inclusion, Metaplanet joins an elite group of corporations, including Tokyo Electric and Nintendo.
This recognition is expected to enhance investor confidence, increase stock liquidity, and bring greater stability to the firm’s valuation. Gerovich emphasized that the listing affirms Metaplanet’s progress in advancing its Bitcoin strategy and strengthens its position as a key player in the digital asset space.
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