Metaplanet Issues $21 Million in Bonds to Increase Bitcoin Holdings

1 month ago 8

Rommie Analytics

The proceeds will be used to acquire additional Bitcoin, marking another major step in the company’s digital asset investment strategy.

Strategic Allocation Toward Bitcoin

The funds raised from the bond issuance will be entirely allocated to the purchase of Bitcoin, further strengthening Metaplanet’s exposure to the leading cryptocurrency. This move aligns with the company’s long-term view of Bitcoin as a valuable treasury reserve asset.

Bond Details

Bond Name: Metaplanet Inc. 14th Series of Ordinary Bonds

Total Issuance: $21,250,000

Face Value per Bond: $625,000

Interest Rate: Zero coupon (no interest)

Redemption Value: $1 per $1 face value

Payment Date: May 8, 2025

Redemption Date: November 7, 2025

Subscriber: Entire issuance allocated to EVO FUND

Redemption Terms and Flexibility

Bondholders may request early redemption of all or part of the outstanding bonds by notifying the company at least one business day before the desired date. Additionally, Metaplanet reserves the right to redeem bonds early if proceeds from stock acquisition rights exceed predefined thresholds.

Strengthening Position in Digital Assets

This issuance follows earlier disclosures on Metaplanet’s strategic realignment, reflecting a growing institutional shift toward Bitcoin amid global economic uncertainty. The company continues to evaluate innovative ways to integrate digital assets into its capital strategy.

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