Emre Yumlu 
Metaplanet issued $13.3 million in bonds to capitalize on the recent Bitcoin price dip and increase its BTC holdings.
New Financing Move for Bitcoin Accumulation
According to an official filing on March 31, the company allocated these bonds through its Evo Fund to generate capital for Bitcoin purchases. The newly issued securities can be redeemed at full face value by September 30.
Metaplanet CEO Simon Gerovich stated on X that the company is taking advantage of Bitcoin’s recent price dip. The announcement came as Bitcoin was trading around $82,000, down 25% from its all-time high of $109,000.
Asia’s Largest Corporate Bitcoin Investor: Metaplanet
According to BitcoinTreasuries data, Metaplanet is the largest corporate Bitcoin investor in Asia and ranks among the top 10 globally. The company currently holds 3,200 BTC, valued at approximately $1.23 billion.
Asia’s MicroStrategy
Metaplanet is often referred to as the “MicroStrategy of Asia” due to its Bitcoin accumulation strategy mirroring that of the U.S.-based firm. MicroStrategy holds over 500,000 BTC worth $82 billion, controlling more than 2% of Bitcoin’s total supply.
Following a similar path, Metaplanet aims to accumulate 21,000 BTC by 2026. Earlier this month, the company purchased 150 Bitcoin, adding to its growing portfolio. At the beginning of March, Metaplanet made a $44 million Bitcoin investment, which resulted in a 19% surge in its stock price within a single day.
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