Metaplanet Doubles Down on Bitcoin—Raises $21M in Zero-Cost Debt to Fuel Crypto Bet
Tokyo-listed Metaplanet just turbocharged its Bitcoin treasury strategy—issuing $21 million in zero-interest bonds to buy more BTC. No yield for investors, but plenty of upside if Bitcoin moons. Because when traditional finance offers free money, why not gamble it on crypto?
The move signals aggressive conviction in Bitcoin as a corporate reserve asset—even as regulators circle and volatility lingers. Metaplanet’s balance sheet is now a leveraged bet on Satoshi’s invention.
Wall Street bankers weep into their spreadsheets: a company actually using debt markets efficiently (for once). Meanwhile, Bitcoin maxis cheer another domino falling in the ’hyperbitcoinization’ playbook. Will this end in Lambos or liquidations? Place your bets.

Metaplanet has issued another $21 million in zero-interest bonds to buy more Bitcoin, strengthening its commitment to the digital asset. This bold move enables the company to expand its BTC holdings without incurring any interest, demonstrating confidence in Bitcoin’s long-term potential. As traditional financial strategies face growing uncertainty, Metaplanet is turning to crypto as a key part of its strategy. The latest purchase is part of its ongoing effort to build a strong Bitcoin-backed treasury.