Metaplanet Issues $15M Bond to Expand Bitcoin Holdings Amid Institutional Accumulation Trend
Japanese investment firm Metaplanet is deepening its commitment to Bitcoin, announcing a $15 million bond issuance aimed at accelerating its BTC acquisition strategy. The move reinforces the company’s long-term bullish stance on digital assets, even as Bitcoin faces short-term price volatility.
The newly issued zero-interest bonds, set to mature on November 12, are each valued at $375,000. If fully subscribed, the capital raised could be used to acquire approximately 147 BTC at current market prices, pushing the company closer to its ambitious goal of holding 10,000 Bitcoins by the end of 2025.
This development follows Metaplanet’s recent purchase of 1,241 BTC, worth around $126.7 million, which increased its total Bitcoin holdings to 6,796 BTC. The firm’s latest moves underscore a growing institutional appetite for Bitcoin, a trend that has gained momentum in 2025 as more companies and funds embrace crypto as part of their balance sheet strategies.
Data from River reveals that businesses have become the largest net buyers of Bitcoin this year, surpassing governments and even major exchange-traded funds (ETFs). Much of this surge is attributed to the aggressive acquisition strategies of companies like Strategy—formerly known as MicroStrategy.
On May 12, Strategy announced it had acquired an additional 13,390 BTC for $1.34 billion, with an average purchase price of $99,856 per coin. This purchase brought its total holdings to a staggering 568,840 BTC, bought at an average cost of $69,287 per coin.
While some hail this accumulation as visionary, others remain skeptical. Notably, economist and long-time Bitcoin critic Peter Schiff warned on social media that continued large-scale purchases could raise average acquisition costs to unsustainable levels.
“If the price falls below your average, your theoretical loss becomes very real—especially if you're leveraged,” Schiff cautioned, emphasizing the risks tied to debt-financed crypto strategies.
Bitcoin’s price action has been turbulent in recent days. Following a brief surge to $105,705—its highest level since January 31, reportedly fueled by a 90-day tariff agreement between the US and China—the price slipped 3.7% to around $101,725. Despite this pullback, many analysts remain confident that Bitcoin’s current rally has more room to grow, potentially setting the stage for new all-time highs.