The press release emphasizes that Metaplanet sees Bitcoin as a “strategic treasury reserve asset.” However, the company does not completely rule out the possibility of using Bitcoin “for transactions or other purposes.” This shows that Metaplanet is looking at Bitcoin both as a strategic investment and potentially as a means of payment.

Metaplanet transparently explained how it used the funds it raised through bond issuance. According to the information in a separate file, the bonds will be offered to investors through EVO FUND with an annual interest rate of 0.5% and will mature next year, on June 25, 2025. The bonds do not have any collateral.

However, Metaplanet stated that in order to reduce this risk, it established a first degree mortgage on the land and building of Hotel Royal Oak Gotanda, which is owned by Wen Tokyo Inc., its wholly owned subsidiary. This mortgage is a step taken to secure the receivables of investors.

This move by Metaplanet also had a positive impact on the company’s stocks. According to Google Finance data, the company’s shares rose more than 9% on the Tokyo Stock Exchange following the news.

For Metaplanet, this is not the first investment in Bitcoin. The company stated in an earlier filing that it currently holds more than 141 BTC on its balance sheet. This reveals Metaplanet’s confidence in Bitcoin and part of its strategy to invest in the cryptocurrency for the long term. The latest 1 billion yen investment further strengthens Metaplanet’s commitment to Bitcoin.

Metaplanet’s investment strategy also reflects a general trend in Japan. Economic pressures such as high government debt levels, prolonged negative interest rates and the depreciation of the Japanese Yen are driving investors to seek alternative investment vehicles. In May, Metaplanet announced its decision to begin investing in Bitcoin in response to these economic pressures.

Metaplanet’s interest in Bitcoin is not the only event in Japan. A joint survey by Nomura and Laser Digital revealed that more than 500 investment managers in Japan are considering investing in crypto.

The survey results also show that nearly half of respondents are open to using stablecoins for settlements and day-to-day transactions. These data indicate that investors in Japan are becoming increasingly interested in cryptocurrency markets.

Metaplanet’s 1 billion yen Bitcoin investment is an important development that shows the increasing interest and confidence of investors in cryptocurrencies in Japan. This can be considered a positive signal for the future for both Metaplanet and the cryptocurrency market in Japan.