- Metaplanet raised ¥3.6B through zero-coupon bonds to expand its Bitcoin reserves, now totaling 5,000 BTC in cold storage.
- All 5,000 BTC held by Metaplanet remain untouched in cold wallets, with no swaps or outflows recorded since accumulation began.
- Bitcoin inflows from sources like bitF and QCP Capital reveal Metaplanet’s steady, institutional-focused accumulation strategy.
Japanese investment firm Metaplanet has raised 3.6 billion yen, approximately $25 million, to increase its exposure to Bitcoin. The move follows months of steady accumulation, with Metaplanet now holding 5,000 BTC valued near $487 million. This development further aligns the company’s treasury policy with a pure Bitcoin reserve model.
Arkham Tracks Metaplanet’s Bitcoin Cold Storage Activity
According to a post by Arkham Intelligence, Metaplanet holds 5,000 Bitcoin, all secured in cold storage wallets. The portfolio’s total value stands at $486,955,427.38, reflecting an average purchase price of $89,900 per BTC. The most recent price shows Bitcoin trading near $97,400, driving portfolio growth across 2025.
A series of large on-chain inflows occurred between March and May. Transfers include 70 BTC worth $6.49 million and 75 BTC valued at $6.95 million, both moved to Metaplanet’s cold wallet. These consistent transactions indicate disciplined, long-term Bitcoin accumulation from institutional-grade sources like bitF and QCP Capital.
Metaplanet’s Bond Strategy Supports Further Bitcoin Acquisition
Metaplanet issued its 12th Series of Ordinary Bonds totaling 3.6 billion yen to fund the latest purchases. According to a report by Metaplanet Inc., the capital raised will be used exclusively to acquire more Bitcoin, reinforcing the firm’s focused treasury approach. The bond was issued to EVO FUND and matures on October 31, 2025.
The zero-coupon structure means the bonds bear no interest, minimizing future liabilities while enabling near-term BTC accumulation. Redemption flexibility allows for early repayment through stock acquisition proceeds. This setup connects debt issuance directly to Bitcoin acquisition without relying on external financing.
Bitcoin-Only Treasury Strategy Remains Unchanged
Another critical factor is Metaplanet’s exclusive focus on Bitcoin, with no altcoins or stablecoins listed across any chain. All 5,000 BTC remain in cold storage, and no outflows or swaps have been recorded. This confirms a long-term, unleveraged holding approach centered entirely on Bitcoin.
Balance history charts show exponential growth since December 2024, when portfolio value stood at under $100 million. By May 2025, that figure approached $500 million, driven solely by Bitcoin’s price appreciation and consistent inflows. Metaplanet continues to strengthen its position as a corporate Bitcoin holder with a high-conviction strategy.
