Japanese investment companyMetaplanet has intensified its Bitcoin accumulation strategy by issuing $21 million in zero-interest bonds to Cayman Islands-based Evo Fund, just one day after closing a separate $50 million funding round.
The 17th series of bonds was issued on May 29 with a face value of $525,000 each and will mature on November 28, 2025. The zero-coupon structure allows Metaplanet to raise capital without incurring interest obligations. Bonds may be redeemed early with a five-day notice, in full or in multiples of $525,000.
The offering has no collateral, guarantor, or bond administrator, as allowed under Japanese corporate law. All payment handling is designated through Metaplanet’s Tokyo office.
Metaplanet Has Raised $135.2 Million in 2025
Metaplanet continues to use debt financing as a vehicle to buy more Bitcoin (BTC). It previously raised $25.9 million in February, $13.3 million in March, and $25 million earlier in May. Including the latest two rounds, total funds raised this year now exceed $135 million.
The company aims to hold 10,000 BTC by the end of 2025. At present, Metaplanet holds approximately 7,800 BTC — worth roughly $840 million — with an average acquisition cost of $91,340 per Bitcoin, according to BitcoinTreasuries.NET.
Its recent purchases include 696 BTC acquired through exercised put options in March, and 145 BTC bought for $13.6 million at the end of April.
U.S. Expansion and Strategic Advisory by Eric Trump
On May 1, Metaplanet announced plans to establish a U.S. subsidiary — Metaplanet Treasury — in Florida. The unit aims to raise up to $250 million to expand the company’s Bitcoin strategy and leverage U.S. financial markets.
In March, Eric Trump, the son of former President Donald Trump, joined Metaplanet’s Strategic Advisory Board, further strengthening the firm’s political and institutional connections in the U.S.
Institutional interest in Bitcoin continues to grow globally. On May 28, U.S. electronics retailer GameStop confirmed its first crypto allocation, purchasing 4,710 BTC.
Disclaimer: This article is for informational purposes only and does not constitute financial or legal advice.