In a strategic financial move, Metaplanet has completed the prepayment of 2 billion yen in interest-free bonds, several months ahead of the scheduled timeline. This payment was funded through EVO FUND's exercise of stock purchase rights, helping the company optimize its balance sheet without impacting profits. This move demonstrates Metaplanet's strong capital management capabilities as it continues to focus on its Bitcoin strategy.
Previously, the company had also prepaid a portion of 1.5 billion yen on March 27, 2025, also using funds from EVO FUND. Since these bonds are interest-free, the prepayment is expected to have no significant impact on Metaplanet's 2025 profits.
Metaplanet is intensifying its Bitcoin accumulation, currently holding a total of 4,046 BTC with an estimated value of around $344.6 million. In just the past 7 days, the company purchased an additional 696 BTC (valued at approximately $59.28 million), and in the past 30 days, they acquired 1,811 BTC (equivalent to $154.26 million).
Data charts show Metaplanet's Bitcoin holdings surging from the end of February 2025, marking the most significant buying period to date. While the market was in panic selling, Metaplanet executed its largest Bitcoin purchase, reinforcing its confidence in long-term investment in this digital asset.
However, this strategy is not without market pressures. Metaplanet's stock dropped 20% in a single day, reflecting investor concerns about excessive cryptocurrency exposure. Meanwhile, BTC price plummeted 10% today, falling to around $74,600 due to increasing global trade tension concerns. This is Bitcoin's lowest level in weeks, as investors seek to reduce risks. Simultaneously, Bitcoin's market dominance has risen to 63%, the highest since early 2021, indicating a withdrawal of funds from altcoins.
Despite significant volatility, Metaplanet's CEO – Simon Gerovich – remains steadfast in his Bitcoin belief. He shared on X:
"On days when Bitcoin's price drops, many people only focus on prices, but this is precisely when belief is tempered and reinforced. Volatility is a natural part of a truly scarce asset with diversity and long-term potential."
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should thoroughly research before making decisions. We are not responsible for your investment choices.
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Justin
