Japanese Metaplanet, 50 million dollars additional procurement…Announcement of BTC holdings expansion

Japanese Bitcoin investment specialist company Metaplanet has newly issued general bonds worth 50 million dollars and succeeded in raising funds. This funding will be fully utilized to expand Bitcoin (BTC) holdings, and Metaplanet's aggressive BTC purchase strategy is once again attracting market attention.

The ‘16th general bond’ issued this time has a face value of 1.25 million dollars, an interest rate of 0%, and the maturity date is November 27, 2028. The repayment method is designed flexibly, allowing early repayment. In particular, this bond is an unsecured bond issued without collateral or guarantees.

Recently, Metaplanet has rapidly emerged as a popular stock in the top ranks of Japan's individual savings accounts (NISA). Japanese investors are actively entering the cryptocurrency market through NISA, which combines tax-free benefits and leverage functions, and Metaplanet is positioning itself as a symbolic company in this trend. The company emphasized, “To increase the accessibility of digital assets to the Japanese people, more companies like Metaplanet need to emerge.”

Metaplanet is also intensifying its entry into the United States. Recently, it established a 100% subsidiary in Florida and plans to allocate up to 250 million dollars to secure liquidity in the U.S. institutional market. This move is analyzed as a step aimed at strategic Bitcoin investment and market expansion within the United States.

However, there is also a skeptical view towards Metaplanet. Research institution 10X Research pointed out concerns about overheating, stating, “Metaplanet’s stock price reflects a higher premium than the actual market BTC price.” Consequently, Metaplanet is recorded as one of the stocks with the highest short-selling ratio in the Japanese stock market.

Metaplanet’s actions centered on BTC are drawing attention to the extent that it is called the ‘Japanese version of MicroStrategy’ and are expected to serve as a litmus test for the future spread of corporate BTC strategy in Asia.