$21M Zero-Coupon Bonds to Fuel Metaplanet’s Bitcoin Goal

The Japanese investment firm that said it will own 10,000 Bitcoin by the end of 2025 has once again come to the forefront to raise funds to buy more BTCs. To raise the amount, Metaplanet aims to sell its special bonds worth $21.25 million. The bonds are zero-coupon bonds, meaning the ones buying will not be earning any interest and are usually sold at lower prices, and the buyer gets the full amount back later when the bond ends.The information of raising funds came following the meeting of board of directors of Metaplanet on May 09, 2025, the company will also issue 14th stock acquisition rights to EVO Funds an investment company based in Cayman Island, and the issued rights will be redeemable by November 07.Metaplanet is aggressively following the path to acquire 10k Bitcoin by 2025 end Other than Strategy (earlier MicroStrategy), Metaplanet has become the 2nd most prominent company to invest a huge amount of capital to increase its exposure in digital assets. According to available data set the company is the 1st largest publicly traded company in Asia to hold Bitcoin and is the 11th largest globally.Some purchases of Bitcoin by Metaplanet include 269.43 BTC for around $26.3 million on February 17, 2025 followed by buying of 135 BTC on February 25 for the sum of $12.8 million, on March 05 it acquired 497 Bitcoin for $43.9 million. Furthermore it bought 162 Bitcoins on March 12 for a sum of $13.5 million, on March 18 Metaplanet infested $12.5 million to buy 150 Bitcoins. In April it bought Bitcoin on three different dates on April 14, April 21 and April 24 following these purchases it holding reached 5,000 Bitcoins.Metaplanet’s most recent Bitcoin buy was in May 07 when it bought 555 BTCs for the sum of $53.5 million, following which its total holding has reached at 5,555 Bitcoins.Metaplanet stock price updatesAs of writing, Metaplanet stock (TYO: 3350) is trading at 524 JPY with an intraday surge of 2.75%, and in the weekly time frame, it is up by 28.43% and added 116 JPY in the same frame.Source: TradingViewAnd since it added 555 Bitcoin on May 07 it stock has jumped around 12%, however in the monthly frame its price saw a staggering growth of 66.36% and in the year to date it is up by 46.57%.It is worth noting that after adopting Bitcoin strategy the stock of Metaplanet has registered a highest trading price of 721 JPY and also saw a lowest trading price of 28 JPY.