- Metaplanet issues a $10M bond to fund Bitcoin purchases, aiming for 10,000 BTC by 2025 and 21,000 BTC by 2026.
- The company’s Bitcoin holdings now stand at 4,525 BTC, following major acquisition activities in the past month.
- Corporate Bitcoin holdings hit a record 688,000 BTC in Q1 2025, with 12 new public firms joining the accumulation trend.
Tokyo-listed Metaplanet is set to continue its aggressive Bitcoin accumulation after issuing a $10 million zero-interest bond to fund BTC purchases. This recent move comes amid the ongoing massive BTC accumulation by large corporate bodies.
Metaplanet Boosts Bitcoin Goal with $10M Bond and New Advisory Board
In a document published on April 16, Metaplanet announced that it has issued a $10 million (¥1.45 billion) interest-free bond to EVO FUND. The funds will be used to purchase BTC, aligning with plans outlined earlier this year.
Per the publication, these bonds will be paid on October 14, 2025. In addition, the payment will be financed by earnings from the “14th to 17th Series of Stock Acquisition Rights.” Recall that the company recently issued a $13.33 million (¥2 billion) 0% bond channeled to boost its BTC accumulation efforts.
Towards the end of last year, Metaplanet launched a Bitcoin acquisition program in a bid to become the largest corporate BTC treasury. In line with this goal, it partnered with EVO Fund to launch an interest-free Stock Acquisition Rights Purchase Agreement. The company adopts a MicroStrategy model of Bitcoin acquisition to achieve its goal of holding 10,000 BTC and 21,000 BTC before the end of 2025 and 2026, respectively.
In the last month, Metaplanet has accelerated its BTC stacking rate. On April 1, the company announced a 696 BTC purchase worth $67.8 million (¥10.15 billion). A few days later, the firm added another 160 BTC to its treasury, taking its total stash to 4,206 BTC at the time. Two days ago, Metaplanets sealed a 319 BTC purchase totalling $400 million (¥58.145 billion). At present, the company’s total Bitcoin holding stands at 4,525 BTC.
To boost its leadership team, Metaplanet CEO Simon Gerovich announced the formation of an advisory board in March. The board includes President Trump’s son, Eric Trump, as well as other notable pro-Bitcoin industry leaders.
Corporate Bitcoin Stashes Surge to Record Highs in Q1 2025
Not just Metaplanet, other corporate bodies have joined the Bitcoin accumulation trend. Bitwise’s report on Corporate Bitcoin Adoption for Q1 2025 shows that the total corporate BTC stash surged by 16.1% over the previous quarter. As of the end of Q1, these companies collectively hold 688,000 BTC, which accounts for approximately 3.28% of Bitcoin’s capped supply of 21 million. This represents the largest quarterly increase on record, with 95,431 BTC purchased during the quarter alone.
Despite this spike in the number of holdings, the total value of Bitcoin held by these corporate treasuries grew by a modest 2.15% to $57 billion. This relatively modest increase in value reflects a stable Bitcoin price, which stood at $82,445 at the end of the quarter. Furthermore, the number of public companies holding Bitcoin rose 17.91% from the previous quarter, reaching 79. Twelve new companies joined the list during Q1 of 2025, signaling growing institutional interest.
The five largest corporate Bitcoin holders remain dominated by familiar names. Strategy leads by a wide margin with 528,185 BTC. MARA Holdings comes second with a total Bitcoin stash of 47,531 BTC. Riot Platforms, CleanSpark, and Tesla complete the top five with 19,223 BTC, 11,869 BTC, and 11,509 BTC, each.
