Metaplanet Doubles Down on Bitcoin Bet—$53.4M Purchase Fuels US Expansion Push
Tokyo-based Metaplanet just dropped a $53.4M bombshell on its Bitcoin treasury—and that’s just the warm-up act. The firm’s $250M US market offensive starts now, because apparently Japan’s negative-rate quagmire wasn’t depressing enough.
From Tokyo to Texas: A Hedge Against Monetary Madness
With the Bank of Japan still printing yen like Monopoly money, Metaplanet’s BTC hoard now reads like a middle finger to fiat. The US expansion? A calculated pivot toward dollar-denominated clients who still think 5% yields are ‘high.’
Wall Street’s New Crypto Playground
That $250M war chest isn’t funding another crypto exchange clone. Insiders whisper institutional custody tools and—wait for it—a tokenized debt platform. Because nothing screams ‘blockchain revolution’ like digitizing the oldest scam in finance.
One thing’s clear: When your CFO starts measuring liquidity in satoshis, traditional bankers might want to check their privilege—and their shrinking profit margins.
Zero-Coupon Bonds
To fund more Bitcoin buys Metaplanet will issueofon May 9. These bonds have no interest but are sold at a discount and can be used to reinvest upfront. All proceeds from the bond sale will be used to buy more Bitcoin.
Key points:
Bond Type: 0% Ordinary Bonds
Amount: $21.25 million
Purpose: 100% for BTC buys
Estimated BTC Buy: ~206 BTC at $103,111
Metaplanet will also issue its 14th Stock Acquisition Rights to EVO Fund, a Cayman Islands based investment management firm, with redemption on November 7.
Bitcoin Price Chart – Source: TradingviewU.S. Expansion
Metaplanet will establish Metaplanet Treasury, a fully owned U.S. subsidiary in Florida and raise $250 million in the U.S. capital markets to strengthen its Bitcoin centered balance sheet. This is similar to what other Bitcoin forward companies like MicroStrategy and GameStop are doing.
Other companies that are pivoting to Bitcoin treasuries:
Strive Asset Management – Pivoting to Bitcoin holdings
GameStop – $1.5 billion convertible debt, some for BTC
Metaplanet is just getting started.