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Metaplanet Raises Bitcoin Reserves to 13,350 BTC With $208M Bond Issue

The Tokyo-listed company secured $515 million in equity funding to support its push toward 210,000 BTC by 2027.

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Overview

  • Metaplanet bought 1,005 BTC at an average price of about $107,923 per coin, bringing its total holdings to 13,350 BTC.
  • With these reserves valued at over $1.4 billion, the firm has risen to the fifth-largest corporate Bitcoin holder globally.
  • The company issued $208 million in 0% interest ordinary bonds to finance further Bitcoin acquisitions.
  • It raised $515 million through equity capital offerings to back its Bitcoin accumulation strategy.
  • Metaplanet aims to accumulate more than 210,000 BTC by the end of 2027.