Metaplanet Inc. (MTPLF) is making a major bet on Bitcoin, announcing a $50 million investment via bond issuance as it continues to accumulate BTC. Earlier today, Metaplanet Inc. unveiled its 16th Series of Ordinary Bonds, issued to EVO FUND with a zero-interest structure and a November 27, 2025, maturity date. Metaplanet’s Continues Its BTC Buying Spree In an official post, Japanese investment firm Metaplanet announced the issuance of $50 million in 0% ordinary bonds, with the proceeds slated to fund its Bitcoin acquisition. CEO Simon Gerovich reposted the thread, asserting, “$50 million more BTC incoming.” With its latest acquisition of 1,004 Bitcoin for about $104.3 million on May 19, Metaplanet’s total BTC holding stands at a massive 7,800 BTC. The company’s substantial Bitcoin investment has propelled it ahead of El Salvador, which currently holds 6,189.18 BTC. Japan is going through worst economic crisis and institutional investors are now looking at… Read More at Coingape.com
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