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Bitcoin-holder Metaplanet raises $50 million in zero-interest bonds to buy more BTC

CoinDesk
Tokyo-listed Metaplanet has raised $50 million through zero-interest bonds to continue its aggressive expansion of its corporate bitcoin holdings.

Summary

Metaplanet, Japan's largest corporate bitcoin holder, has issued 8 billion yen (approximately $50 million) in zero-interest bonds, with the entirety purchased by the Cayman Islands-based EVO Fund. This move marks the company's 20th bond issuance, underscoring its long-term strategy of using debt to fund bitcoin accumulation. As of early 2026, the company holds 40,177 BTC, positioning it as the third-largest listed bitcoin treasury globally. Despite these acquisitions, the firm reported a $619 million net loss for fiscal 2025 due to unrealized markdowns on its holdings during periods of price volatility.

(Source:CoinDesk)