Metaplanet Issues JPY 2 Billion in Bonds for Massive Bitcoin Purchase

• Metaplanet has issued JPY 2 billion in zero-interest bonds, fully subscribed by EVO FUND, to fund additional Bitcoin purchases.
• Investors will receive full face-value redemption, with early repayment options linked to the exercise of stock acquisition rights.
• The issuance aligns with Metaplanet’s strategy of integrating Bitcoin into its financial framework, reinforcing its long-term commitment to digital assets.

Metaplanet Inc. ,a Japanese investment company,has announced the issuance of its 7th Series of Ordinary Bonds, raising JPY 2 billion. The proceeds will be allocated toward purchasing Bitcoin, aligning with the company’s broader funding strategy. The bonds, carrying no interest, are fully subscribed by EVO FUND.

Bond Issuance and Allocation

The issuance was authorized by Metaplanet’s board on February 27, 2025, with the payment date set for the same day. Each bond carries a face value of JPY 50 million, and the total issuance reaches JPY 2 billion. Investors will receive JPY 100 for every JPY 100 in face value upon redemption.

Scheduled for August 26, 2025, the redemption process allows early repayment upon request. The company also has provisions to redeem bonds earlier if funds from its 13th to 17th series of stock acquisition rights reach specific thresholds. With no collateral or guarantees attached, the bonds are classified as unsecured debt.

Strategic Focus on Bitcoin Investment

Metaplanet’s decision to invest the raised funds in Bitcoin is in conformity with its traditional finance approach. The company has had cryptocurrency as a part of its asset management strategy from its inception. Metaplanet is looking to expand its position in a rapidly evolving finance sector by increasing its Bitcoin holdings with debt.

This release is in line with its prior funding channels, specifically its stock acquisition rights program. Exercised, these rights have the power to create additional capital, which can be utilized in early repayment of the issued bonds. The step reflects Metaplanet’s faith in Bitcoin as a long-term store of value.

Financial Prospects and Market Considerations

This release will not have a material effect on Metaplanet’s fiscal 2025 overall financial situation. The stability in the firm will be influenced by market conditions, although primarily by Bitcoin prices. The redemptions are also susceptible to subscription right capital inflows.

With no interest paid on these bonds, these bonds can be desirable to those seeking full face-value repayment security. Metaplanet announced that material developments regarding its financial performance will be made known in a timely manner.