Metaplanet pays off 2B yen bonds early, expands corporate Bitcoin holdings
Metaplanet pays Off ¥2 billion bonds
Metaplanet, the Tokyo-listed hotel operator turned Bitcoin treasury company, has redeemed ¥2 billion (approximately $13.5 million) of zero-interest bonds more than five months ahead of schedule.
Key Takeaways
- Metaplanet repaid ¥2 billion (≈$13.5M) in bonds early, with no impact on fiscal 2025.
- The company now holds 4,206 BTC, placing it among the top 10 corporate Bitcoin holders.
- Funds from the Evo Fund support its buy-the-dip strategy amid market pullbacks.
- CEO Gerovich stresses that Bitcoin's volatility is inherent, reinforcing its long-term reserve strategy.
The bonds, issued in March via the company’s Evo Fund, were used exclusively to acquire additional Bitcoin. In an April 7 disclosure, Metaplanet noted that the early repayment of its 9th Series Ordinary Bonds—completed on April 4—will have no material impact on its fiscal 2025 results, given the bonds’ zero-coupon structure. The move underscores Metaplanet’s commitment to maintaining a strong balance sheet even as it pursues aggressive digital-asset expansion.
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Bitcoin accumulation strategy
Since announcing a bold January strategy to amass up to 21,000 BTC by the end of 2026, Metaplanet has boosted its holdings to 4,206 BTC, making it one of the world’s top 10 publicly traded corporate Bitcoin holders. The firm has raised over $700 million to fund its “buy-the-dip” approach, acquiring more Bitcoin during market pullbacks. Metaplanet’s share price has surged 4,800% over the past year, reflecting investor enthusiasm for its crypto-centric pivot.
CEO on market swings
Chief Executive Simon Gerovich has framed Bitcoin’s recent price declines as intrinsic to the asset’s nature. Following U.S. President Donald Trump’s “Liberation Day” tariff announcement, Bitcoin slid below $80,000—mirroring a $5 trillion loss in U.S. equities over two days. Gerovich described such “down days” as “a natural part of an asset that is truly rare, diversified, and has long-term potential,” reinforcing Metaplanet’s commitment to its digital reserve strategy.
Bitcoin price. Source: CoinGecko.
As Metaplanet continues to fortify its financial footing and expand its Bitcoin treasury, market participants will watch whether its early bond redemption and steadfast accumulation can sustain momentum amid broader economic headwinds and crypto volatility.
Meanwhile, Strategy steps back from buying Bitcoin as its price slips below $87K.
