Metaplanet Issues $50M in Zero-Interest Bonds to Accelerate Bitcoin Purchases

Gate News message, April 24 — Japanese bitcoin treasury firm Metaplanet announced on April 18 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 maintained consistent bitcoin accumulation 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—positioning it as the third-largest bitcoin treasury firm globally.

The additional 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’s price has recently recovered from earlier declines linked to Middle East geopolitical tensions, currently trading at $77,800, up 10% over the past month, though notably below its October 2025 all-time high of approximately $126,000.