Metaplanet Doubles Down on Bitcoin Bet with Record $1.3B Treasury
Tokyo, June 30, 2025 – In a bold move shaking global markets, Japanese investment giant Metaplanet has acquired another 1,005 Bitcoin (BTC), vaulting its total holdings to 13,350 BTC ($1.3 billion). The purchase positions Metaplanet among the world's top 5 corporate Bitcoin holders trailing only MicroStrategy's massive treasury as its stock surged 10% on the Tokyo Exchange.
The Bond Play: ¥30B for More Bitcoin
Simultaneously, Metaplanet unveiled plans to issue ¥30 billion ($240 million) in ordinary bonds, explicitly earmarked for further Bitcoin accumulation. This debt-fueled strategy mirrors MicroStrategy’s playbook, leveraging low-interest borrowing against Japan’s struggling economy to amplify crypto exposure.
"This isn’t speculation – it’s a structural hedge," said Metaplanet CFO Ken Nakamura. "With Japan’s debt at 260% of GDP and the yen down 40% since 2020, Bitcoin is our insurance policy."
Why Corporations Are Flooding Into Bitcoin
Institutional Validation: Public firms now hold over 1% of Bitcoin’s total supply, cementing its role as a reserve asset.
Macro Hedge: Japanese firms lead this charge, seeking refuge from currency devaluation and negative real yields.
Leveraged Accumulation: Low-cost debt fuels corporate buying sprees, creating supply squeezes.
Risks and Rewards
While the stock surge rewards Metaplanet’s aggression, analysts warn of volatility traps:
Bitcoin’s 30-day swings exceed 20% – a liquidity risk for bond-backed positions.
Japan’s Financial Services Agency eyes stricter crypto accounting rules.
Interest payments could outpace BTC gains if prices stagnate.
Yet with Bitcoin up 150% since Metaplanet’s first purchase in 2024, the gamble has so far paid dividends.
The Global Domino Effect
As Metaplanet joins MicroStrategy in the bond-for-Bitcoin arena, pressure builds on other corporations. "Expect 5+ Japanese firms to follow within 12 months," predicts Bloomberg analyst Riyo Tanaka. "When national currencies falter, Bitcoin becomes the balance sheet antidote."
Bottom Line: Metaplanet’s $240 million bond issuance marks a watershed for institutional crypto adoption. With every BTC bought, they’re betting against traditional finance – and winning shareholder approval along the way.