Metaplanet raised 4 billion JPY to finance its Bitcoin purchases via unsecured bonds, backed by EVO Fund. The company’s goal includes acquiring 10,000 BTC, valued around 957 million USD, targeting completion by the end of Q4 2025.

The firm plans to increase its BTC holdings from approximately 1,762 BTC to 21,000 BTC by 2026, aiming for a valuation of 2 billion USD. This strategy reflects an aggressive stance in the current market.

Metaplanet’s pivot towards Bitcoin is largely influenced by Japan’s economic challenges, including high debt levels and yen depreciation, attracting more investors and significantly boosting its market capitalization.