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Metaplanet Lifts Bitcoin Stash by 555 BTC, Plans to Sell Debt to Buy More

The Tokyo-based company earmarked the entire offering for EVO FUND only days after previously selling $25 million in bonds to the same buyer.

Updated May 7, 2025, 3:40 p.m. Published May 7, 2025, 8:55 a.m.
Tokyo, Japan (Jaison Lin/Unsplash)
Tokyo-based Metaplanet will sell more debt to fund BTC purchases. (Jaison Lin/Unsplash)

What to know:

  • Metaplanet will issue $25 million in bonds to fund further purchases of bitcoin.
  • The Tokyo-based company earmarked the entire offering for EVO FUND only days after selling an earlier tranche of $25 million to the same buyer.
  • The company also said it bought 555 BTC, taking its total stash to 5,555.

Japanese investment firm Metaplanet (3350) said it will sell a second $25 million of bonds to EVO FUND to fund further purchases of bitcoin (BTC).

The Tokyo-based company agreed to issue the debt only days after selling the same amount of bonds to the same buyer. The bonds, which will bear no interest, have a redemption date of Nov. 6, according to a Metaplanet post on X on Wednesday.

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In a separate statement, Metaplanet said it bought 555 BTC for 7.63 billion yen ($53.5 million), taking its total holdings to 5,555. That is the largest bitcoin stash among public companies outside of North America, according to Bitcoin Treasuries.

Metaplanet shares added about 11.5% to close at 477 yen ($3.33) on Wednesday.

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
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Media attention shifted from bitcoin’s environmental footprint to crime and kidnapping in 2025, while overall sentiment remained broadly neutral, according to crypto intelligence platform Perception.

What to know:

  • In 2025, mainstream media coverage of Bitcoin became more balanced, with neutral reporting surpassing negative stories.
  • The shift in narrative was driven by the exhaustion of earlier critiques rather than increased enthusiasm for Bitcoin.
  • AI emerged as the dominant topic in media, overshadowing Bitcoin and driving more significant sentiment swings.