Metaplanet issues another $21M in bonds to fuel Bitcoin purchases

Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 cardinal to money further Bitcoin (BTC) purchases arsenic the institution deepens its strategical pivot toward integer assets.

The bonds were approved astatine a committee gathering connected May 9 and afloat subscribed by EVO FUND, according to the regulatory filing.

The notes volition beryllium structured arsenic zero-coupon instruments with nary interest. Each enslaved carries a look worth of $625,000 and volition beryllium redeemed successful afloat connected Nov. 7, 2025.

Bondholders volition clasp the close to petition aboriginal redemption with 1 concern day’s notice, portion Metaplanet tin besides trigger partial redemptions if it receives equivalent proceeds from its 15th and 16th Series Stock Acquisition Rights.

Metaplanet confirmed that the proceeds volition beryllium utilized to get Bitcoin, successful enactment with a Jan. 28 filing that elaborate its multi-series financing and banal acquisition strategy.

The bonds are unsecured and non-guaranteed, and nary enslaved head volition beryllium appointed nether Japan’s Companies Act, arsenic the issuance meets circumstantial ineligible exemptions.

Bitcoin holdings deed $480 million

This week, Metaplanet acquired an further 555 BTC for astir $53.4 million, bringing its full Bitcoin holdings to 5,555 BTC.

The company’s cumulative concern present totals $481.5 million, with an mean acquisition terms of $86,672 per Bitcoin. These holdings marque Metaplanet the largest nationalist Bitcoin holder successful Asia and the 9th largest globally, surpassing aggregate US firms successful scale.

The company’s banal has rallied implicit 2,200% since it adopted the Bitcoin modular past year, chiefly driven by capitalist optimism implicit its integer plus strategy. It aims to accumulate 10,000 Bitcoin by the extremity of this year.

Metaplanet besides announced plans to found a US-based subsidiary, Metaplanet Treasury, successful Florida to grow its superior access. The entity is expected to raise up to $250 million to enactment further Bitcoin acquisitions and planetary expansion.

Despite the standard of the caller enslaved issuance, Metaplanet stated the determination is expected to person minimal interaction connected its consolidated fiscal results for the fiscal twelvemonth ending December. The institution committed to providing updates should immoderate worldly developments occur.

Metaplanet’s assertive Bitcoin strategy reflects a broader inclination among corporates adopting integer assets arsenic portion of their treasury reserves, a displacement that continues to reshape superior absorption practices astir the world.

The station Metaplanet issues different $21M successful bonds to substance Bitcoin purchases appeared archetypal connected CryptoSlate.