Japanese hotel and investment firm Metaplanet (3350.T) has announced plans to sell an additional ¥3.3 billion (approximately $21.25 million) in bonds to finance more Bitcoin (BTC) purchases, further cementing its position as one of the largest corporate holders of the cryptocurrency outside North America.
The company said it has reached an agreement to issue the new bonds to EVO FUND, marking its third bond sale in just one week. The two prior issuances, each worth $25 million, were also aimed at increasing its Bitcoin reserves.
According to a company statement posted on X (formerly Twitter), the new bonds will carry no interest and are scheduled to mature on November 9, 2025.
Metaplanet’s Bitcoin holdings now stand at 5,555 BTC—worth around $576 million—making it the 11th largest corporate holder globally and the biggest outside of North America.
Shares of Metaplanet closed 2.75% higher on Friday at ¥524 ($3.61), outperforming Japan’s benchmark Nikkei 225 index, which rose 1.56%.
