Metaplanet Makes Major Bitcoin Play—$250M Expansion Plan Revealed

Japanese investment firm Metaplanet has taken a significant step in its Bitcoin acquisition strategy by issuing zero-interest bonds worth 3.6 billion yen, approximately $24.7 million. The company confirmed that this latest bond round, its twelfth to date, will be used exclusively to expand its Bitcoin holdings through its EVO FUND.

The company states that investors can claim full face value from their bonds within the redemption period ending on October 31, 2025. Metaplanet started its Bitcoin-focused strategy in April 2024 and now possesses 5,000 BTC valued at approximately $484 million.

The company currently possesses half the bitcoin it aims to acquire ahead of its year-end target of 10,000 BTC.

Through its aggressive Bitcoin acquisition approach, Metaplanet has established itself as one of the top ten publicly known corporations holding Bitcoin assets, along with Tesla and MicroStrategy.

The quick ascent of Bitcoin accumulation is receiving increasing interest from institutional bodies and retail investors.

Also Read: Bitcoin Nears $100K as Crypto Market Hits $3.12T—Traders Eye Next Move

$250M Strategy Unveiled Through U.S. Expansion and New Subsidiary

Metaplanet’s board has approved a bold expansion into the United States with the creation of Metaplanet Treasury Corp, a wholly owned subsidiary to be established in Miami, Florida. The new unit is expected to boost the firm’s access to institutional liquidity and improve Bitcoin acquisition efficiency.

At launch, Metaplanet Treasury Corp will be capitalized with $10 million, aiming to raise $250 million to support the parent company’s long-term Bitcoin strategy. The company selected Miami because it strives to become a center for Bitcoin-focused businesses.

Metaplanet CEO Simon Gerovich took to X to announce that MTPLF stock experienced a streak of continuous record-high trading volumes. Since adopting the Bitcoin standard, his company’s Bitcoin appreciation has exceeded the initial market valuation by a factor of 4.

Friday saw a 10.4% increase in Metaplanet stock prices on the Tokyo Stock Exchange, reaching 435 yen. The firm’s purposeful expansion into digital assets generated strong market interest, which led to high trading levels during this period.

Conclusion

With a fresh $24.7 million bond issuance and a $250 million U.S. expansion plan underway, Metaplanet is deepening its commitment to Bitcoin. The firm’s strategic moves signal its ambition to solidify its position among the largest corporate holders of cryptocurrency.

Also Read: Crypto Expert Predicts $150K Bitcoin Surge—But There’s a Major Catch

The post Metaplanet Makes Major Bitcoin Play—$250M Expansion Plan Revealed appeared first on 36Crypto.